Thomas Hefferman 2011

Name: Thomas Hefferman Title: Regional Vice President, Commercial Sales Division Company: Mac-Gray Location: 404 Wyman St., Suite 400, Waltham, Mass. Place of birth: Brookline, Mass. Family: Married, 4 children College: Westfield State University First job unrelated to your current field: Coca Cola First job in current field: Biz Development manager What your firm does now and its plans for the future: Identifying new laundromat locations. Hobbies: Spending time with my family, racquetball Favorite movie: "Fever Pitch" Key to success: Trust and relationship building Person you most admire (outside of family): George Bush, Jr. If you had to choose another vocation, what would it be? Motivational speaker

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Combined Props. renews 75,330 s/f lease to Cambridge Health Alliance

Malden, MA According to Combined Properties, Inc., the Cambridge Health Alliance (CHA) has renewed its lease at 195 Canal St. and will continue to operate its Malden Family Medicine Center there

Keefe and O’Brien of Greater Boston Commercial Properties sell two pet hospitals for $2.1249 million

Keefe and O’Brien of GBCP sell two pet hospitals for $2.1249m

TRB Realty and V&E Realty close $4.2 million sale of 8,201 s/f mixed-use

TRB Realty and V&E Realty close $4.2m sale of 8,201 s/f mixed-use

Jay Nuss Realty Group negotiates sales of three medical office condos

Cummings and Herrick Lutts lease 1,700 s/f to Coastal Clarity Audiology

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Brokerage

Commercial Realty Advisors, Inc. represents the seller in sale of The Shed Place in Mashpee, MA

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.