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.
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Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million
Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
Columns and Thought Leadership
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.
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.
