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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Kelleher & Pentore of Horvath & Tremblay sell two multi-family props. for $13.7 million

Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.

NAI Glickman Kovago & Jacobs brokers $13.5 million sale of 134,648 s/f industrial/flex building

NAI Glickman Kovago & Jacobs brokers $13.5m sale of 134,648 s/f

The Davis Companies closes long-term lease with Downeast Global Logistics at 530 John Hancock Rd.

The Davis Cos. closes long-term lease with Downeast Global Logistics

Colliers represents Marcus Partners and Rhino Capital Advisors in 88,000 s/f industrial lease

Colliers reps. Marcus Ptrs. and Rhino Capital in 88,000 s/f ind’l. lease

O’Brien of Greater Boston Commercial Properties, Inc. handles sale of 45.5 acres of commercial land

O’Brien of Greater Boston Commercial Props. handles sale of 45.5 acres

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Avison Young brokers $9.55 million sale of adjoining office buildings in Boston

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.