News:
Brokerage
Posted: October 27, 2017
Press of Press/Cuozzo negotiates $3.15 million sale
Commercial Services
Hamden, CT Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, represented Town Hall Center LLC on the sale of a two building mixed-use portfolio located at 2340-2348 Whitney Ave.
A private investor acquired the portfolio for $3.15 million. Totaling 23,320 s/f, the properties were 100% occupied with a mix of retail and office tenants.
MORE FROM Brokerage
Horvath & Tremblay sells Starbucks in North Branford, CT for $2.519 million
North Branford, CT Bob Horvath, Todd Tremblay, Matt Nadler, and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Starbucks in North Branford, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.519 million.
Quick Hits
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.