Washington Trust provides $7.5m financing for Needham Street Associates

Washington Trust's commercial real estate group recently provided $7.5 million in financing to Needham Street Associates, LLC of Newton for the purpose of refinancing its property, consisting of two buildings totaling 62,589 s/f. The property is located at 241-281 Needham St., and is comprised of a retail center anchored by Marshalls and an office building. The financing was arranged through Colliers Meredith & Grew. Needham Street Associates, LLC, is sponsored by Northland Investment Corp., a Newton-based real estate company that focuses on the acquisition, development, operation and long term ownership of commercial real estate throughout the U.S.

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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.

Northshore Phoenix High School moves to 10,744 s/f at Cummings Center

Northshore Phoenix High School moves to Cummings Center

Combined Properties leases 18,581 s/f in Centennial Park to HTS Engineering

Combined leases 18,581 s/f to HTS Engineering

Summit brokers freestanding Taco Bell entry into Cape Cod market

NAI Glickman Kovago & Jacobs brokers acquisition of Quarry Square

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2026 Women in CRE: Kelly Kaufmann, ReVision Energy

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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.

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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.