WS Development breaks ground on 31,000 s/f Whole Foods Market

Whole Foods Market broke ground on a new 31,000 s/f store at Highland Village. The 220,000 s/f mixed-use Highland Village is one of the largest specialty shopping centers in Jackson. The new store will open in 2013. Whole Foods Market will bring its nationally renowned mix of natural and organic products, prepared foods and baked goods to the Jackson area. At Highland Village, Whole FoodsMarket will join nearly 50 shops and restaurants including Mason Weiss, Talbots, Whitehead Street Clothiers, and Albriton's Jewelers. WS Development announced it had acquired a controlling interest in Highland Village. The transaction is the second such acquisition this year of a regional shopping center for WS Development. Earlier this year, it acquired Hilldale Shopping Center in Madison, Wisconsin.

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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.

Atlantic Capital Partners sells shopping center in Milford for $8m

Horvath & Tremblay completes sale of Walgreens store for $4.9m

Commercial Realty Advisors represents buyer in $1.9m acquisition

Prescott IOS and the Stubblebine Company complete 30,500 s/f on three acres of IOS in a build-to-suit lease at 3 Belcher St., Plainville, MA

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Lincoln Property Company completes 71,350 s/f lease with Fairbanks Morse Defense in Wrentham

Columns and Thought Leadership

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.

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.