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Brokerage
Posted: September 25, 2020
Aubuchon Realty Company, Inc. sells 119 New Athol Rd. $1.5 million
Orange, MA Aubuchon Realty Company, Inc. (ARC) sold 119 New Athol Rd. for $1.5 million to Community Health Center of Franklin County (CHCFC). The property consists of a two-building neighborhood shopping center totaling 21,150 s/f. The property was developed by ARC in 1986. CHCFC acquired the property to extensively renovate and consolidate their operations under one location. The buyer and seller were self-represented.
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.