News: Brokerage

Salvatore Capital celebrates groundbreaking for $4.5 million CVS

A formal groundbreaking ceremony took place on April 4, at the site of the future CVS retail store. Construction will begin immediately for this $4.5 million, 13,000 s/f full-service facility and is expected to be completed in the fall of this year. Presentations were made by numerous local, regional and state representatives and many local business persons came by to celebrate the start of the project. Keynote representatives included Hebron town manager, Andrew Tierney; Connecticut State senator Cathy Osten; Connecticut State representative Pamela Sawyer; Windham Region Chamber of Commerce executive director, Roger Adams; and CVS/Caremark district manager, Tim Roy. Hebron Economic Development Coordinator, Randy Anagnostis, provided opening remarks and introductions for invited guests. "This is really a milestone accomplishment for the continued development of the Hebron Center business district," said Anagnostis. The 2.5 acre site is being developed by Salvatore Capital of Dedham, Mass. Project architect is Ashley Dawson and project manager is Norr Architects of Detroit, MI. The project engineers on the project are Bohler Engineering of Southborough, Mass. Shown (from left) are: John Soderberg, Hebron Wetlands enforcement officer; William Fochi, Jr, property owner; Michael O'Leary, Hebron town planner; Roger Adams, Windham Region Chamber of Commerce; Andrew Tierney, Hebron town manager; Tim Roy, CVS/Caremark district manager; Cathy Osten, CT state senator; William Fochi, Sr, property owner; Jennifer Nemec, CVS Pharmacy district supervisor; Gayle Mulligan, Hebron board of selectmen
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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

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

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.