News: Brokerage

TRB Development begins gut and fit up of 25,000 s/f retail bldg. in Brighton

TRB Development Group, Inc., general contractor from Hooksett, N.H., has begun a complete gut and fit-up of a 25,000 s/f exiting retail building at 2078 Market St. The renovated building will house a CVS Pharmacy and an additional tenant. The exterior will be masonry split-faced block and CVS red brick over the existing wood frame and Werzalit siding with PVC trim. There will be one pharmacy drive-thru and two grocery store style checkout aisles instead of the standard counter checkout. The store is scheduled for an early October opening. The project was designed by BKA Architects of Brockton.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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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.