News:
Brokerage
Posted: May 21, 2008
Press/Cuozzo Realtors and The Proto Group brokers $1.35m sale
According to Press/Cuozzo Commercial Services, Stephen Press, SIOR, co-principal of Press/Cuozzo Realtors, and The Proto Group, brokered the sale at 882 South Main St.
Press represented the buyer, Whitney Cheshire, LLC, while Lou Proto, represented the seller, Home Fabric Mills, Inc. of Delaware.
The property, known as 882 South Main St., was the former Home Fabric Mills retail store and consists of an 11,500 s/f single-story building set on 1.36 acres.
This retail corner site is next to McDonald's and opposite a new CVS, which is under construction.
The sale value of the transaction was $1.35 million.
MORE FROM Brokerage
Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million
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
Quick Hits
Columns and Thought Leadership
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
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.
