As part of a continuing effort to establish a new brand identity, BayCoast Bank and Vision 3 Architects partnered to renovate and expand their existing branches and design a new 3,200 s/f interior contemporary banking concept based on a "pod" design. Vision 3 Architects' design continues to embrace BayCoast's new brand identity and features a multiple lane drive thru and an open-concept floor plan including a technology bar and a Smart ATM. The branch offers new technology through an Interactive Teller Machine (ITM), providing a higher level of customer service and enabling the bank to offer extended hours.
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.
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.
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.