News:
Brokerage
Posted: April 23, 2015
Summit Realty and Katz Properties signs 20,413 s/f lease to Planet Fitness
According to Summit Realty Partners and Katz Properties, a Planet Fitness franchisee has signed a lease at Monadnock Marketplace located at 30 Ash Brook Rd. Planet Fitness plans to open a 20,413 s/f, full-service, fitness facility which will fill a void at both the shopping center and in the community for a health club with top of the line equipment and services. Monadnock Marketplace is a 505,000 s/f power center anchored by Target, Home Depot, and Price Chopper.
Planet Fitness plans to start construction in Keene this June with an anticipated opening date this fall.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.