News: Brokerage

The Geenty Group signs 5-year lease for From You Flowers

From You Flowers, LLC, has entered into a five-year lease with options to renew in excess of $600,000 at 141 Mill Rock Rd., East, in The Old Saybrook Business Park. The space is a large office and telephone call center which will be totally renovated for From You Flowers' use. From You Flowers sells flowers, floral bouquets, and the like for all occasions and holidays through the internet. Michael Chapin is the principal. Kevin Geenty, SIOR, of The Geenty Group, Realtors, in Branford, was the sole agent.
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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.
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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

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

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.