News: Brokerage

TRB Development Group, Inc. completes 14,250 s/f CVS and begins 60-unit apartment renovation

TRB Development Group, Inc., general contractor from Hooksett, N.H., has completed the expansion and renovations of the CVS Pharmacy located at 555 Main St. The store is 14,250 s/f and remained open during renovations that included night-time paving. A Minute Clinic and drive-thru pharmacy window were added. Architectural plans were by BKA Architects of Brockton. TRB Development Group has also begun renovation of 505 Pleasant St. in Malden, a 60-unit apartment building that was badly damaged by fire. 505 Pleasant Street is a design -build project with plans by Thomas Bakalars Architects PC of Boston.
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Horvath & Tremblay sells three retail properties in New England For $11,288,032

North Reading, MA Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $11,288,032. Bob Horvath, Todd Tremblay, Jack Laurendeau and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Walgreens in North Reading.
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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.