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Brokerage
Posted: December 20, 2019
Wright of Colliers International facilitates sale of Planet Fitness building in Manchester, NH for $4.2m
Manchester, NH Colliers International completed the sale of 99 Eddy Rd., for $4.2 million. Bryan Wright, of Colliers’ local office, facilitated the sale between Anagnost Companies and Agree Development, LLC, of Michigan.
The 20,000 s/f building is fully occupied by Planet Fitness corporate and located off Exit 6 from I-293. This is one of the two Planet Fitness locations in the city, with the other being across town on Huse Rd.
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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
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.