News: Brokerage

Twombly of Sovereign Realty leases 7,400 s/f to Manchester Athletic Club

Todd Twombly of Sovereign Realty Advisors leased a 7,400 s/f building to The Manchester Athletic Club. Built this year the building is located in The Whistle Stop Plaza in a prime retail area adjacent to Station Place, another project the company built and leased. Sovereign Construction handled the build-out for the tenant and also constructed the building for the owner, Braga Management. Sovereign Realty Advisors, formed in 2006, is a wholly owned subsidiary of The Sovereign Group, a real estate, brokerage, development, private equity and construction company.
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Combined Properties renews 164,095 s/f lease to Conduent, Inc.

Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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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.