Angel Commercial leases 1.22 acres to Cumberland Farms
Jon Angel, president of Angel Commercial L.L.C., a Southport based commercial real estate brokerage firm, has leased 1.22 acres of vacant land at 258-266 Boston Post Rd. to Cumberland Farms Inc, for the future home of their second convenience store and gas station.
The triangular parcel was formerly Gloria's Garden Center, a forty-year-old family business. This landmark location benefits from 3 street frontages; Plains Road, West Clark Street and Boston Post Road and has easy access to I-95.
Cumberland Farms recently received final approval from planning and zoning to construct a 4,500 s/f convenience store with clapboard façade, 10 gasoline pumps, and an outdoor picnic tabled dining area. Construction has already begun with completion planned for Q4 of this year.
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.
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.