BlueHive acquires Continental Consolidated Industries in Worcester
BlueHive, one of the nation's fastest growing full service firm's specializing in the design and production of trade show exhibits and events, has acquired an established retail and design and production company, Continental Consolidated Industries.
This acquisition will allow BlueHive to quickly expand its retail and corporate environment capabilities.
"Our desire to better serve our clients, while expanding our retail and branded environment capabilities led us to the acquisition of Continental," said Paul Hanlon, president of BlueHive. "The synergy between the two organizations affords us the opportunity to serve a broader range and volume of clients."
Continental Consolidation Industries founded in 1983, is headquartered in Worcester. Following the acquisition, the management team and manufacturing team and manufacturing operations will re-locate to BlueHive's 100,000 s/f state of the art corporate headquarters at 7 Coppage Dr.
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
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.
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.