News: Brokerage

Town Fair Tire opens 86th store in Woburn

According to Daniel Plotkin, principal with Windsor, Conn.-based Northeast Retail Leasing & Management Company LLC, Town Fair Tire will open its 86th store at the corner of Mishawum Rd. and Washington Ave. The 7,100 s/f free standing building represents the East Haven, Conn.-based retailer's latest store design intended to be the best possible environment to purchase and install tires and custom wheels. Town Fair operates throughout New England and despite the economy continues to seek high traffic, highly visible retail locations in strong retail trade areas. Town Fair will consider existing buildings, raw land, and shopping center pads. The company will lease or purchase its real estate.
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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
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.