News: Brokerage

The Valentine Group completes two leases at Clearbrook Center Plaza

According to The Valentine Group two retail units at Clearbrook Center Plaza have been leased with new tenants. Karen Cunningham and Tina Guillmette are relocating Cuts-N-Stuff, Inc., a family hair salon, from Londonderry to Clearbrook. The new space has been completely renovated. Cuts-N-Stuff welcomes old and new customers to drop in, check out the new space and make an appointment. Derry Sports and Rehab is relocating into the end-cap unit at Clearbrook Center Plaza. TJ Karanasios, a principal of Derry Sports and Rehab is very excited with the move. The company now has great visibility, easy access and plenty of parking. The 3,000 s/f unit is ideal because it offers a large open area for physical therapy treatment, several private treatment rooms and plenty of back room support space. The suite is brightly lit with natural light from the long window lines. The Valentine Group represented the landlord, Clearbrook Center Realty Trust in both transactions. They also manage the center for the owner. Clearbrook Center is one of Derry's premier retail locations, located at a lighted intersection across from Applebee's and very near Panera Bread, Super Walmart and a 12-screen cinema. The location has great signage and visibility, with plenty of onsite parking. There is only one unit remaining to be leased, offering 1,000 s/f.
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Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons

Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
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Columns and Thought Leadership
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.
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.