News:
Brokerage
Posted: June 23, 2011
Blakely of TRB & Associates brokers $1.5 million sale
TRB & Associates has brokered the sale of Lot #4 located behind Ranger Plaza for $1.5 million. Lot #4 included 13+ acres of land and a 23,000 s/f commercial building which was formerly a car dealership service building. TRB also sold Ranger Plaza in an earlier and separate transaction for $2.975 million. Ranger Plaza, which is 100% occupied, consists of four free standing retail buildings (McDonald's, a TD Bank ATM, Outback Steakhouse and Dunkin' Donuts) and a 106 ft. pylon sign prominently positioned adjacent to the property and I-93.
"TRB & Associates is extremely pleased to have been selected to provide commercial real estate brokerage services on an exclusive basis. We work closely with our clients and understand how to best navigate through what is now a difficult part of the real estate cycle and how to expeditiously obtain the intended result for ownership. We are proud of our closing ratio and proven track-record," said Thomas Blakely.
Thomas Blakely, CCIM and president of TRB & Associates based in Lincoln, exclusively represented the seller and procured the buyer.
MORE FROM Brokerage
Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons
Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
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.
