News: Brokerage

Theroux of Drubner Commercial completes $400,000 sale in Waterbury

David Theroux, managing partner of Drubner Commercial Real Estate has completed the following transaction: Todd and Anthony Tobacco has purchased 461 Watertown Ave. from The Dover Benedict Group. The Tobacco brothers will convert the former used car building to a full-service car wash and detailing center. The reconstruction is underway and an opening is expected this fall. The sales price was $400,000 and Theroux was the only broker in the transaction.
MORE FROM Brokerage

Combined Properties renews 164,095 s/f lease to Conduent, Inc.

Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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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.