Fischer Real Estate negotiates 12,920s/f retail lease at 193 Main St.
According to Fischer Real Estate, JDCA, LLC has leased 12,920 s/f of retail space at 193 Main St. to Skate Time of Monroe, LLC. The initial lease term is for 5 years and includes options to extend and purchase the property. Alan Fischer president of Fischer Real Estate, represented both the landlord and the tenant in this transaction.
According to Fischer, the location has long been used for recreational purposes.
Art DeFrancisco, the new business owner, plans to spend a considerable sum of money to re-invigorate the site to bring it back to its days of glory. "It's going to be a great place to bring the kids for fun!" said DeFrancisco,
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
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.