Bowden of R. Calabrese Agency brokers $764,000 sale of 7-Eleven store
Bob Bowden of the R. Calabrese Agency has sold the 7-Eleven Convenience Store in the Oakville section of Watertown. The buyer, 7-Eleven, Inc. of Dallas, Tex., purchased the property from Japage Partnership of Houston, Tex. for $764,000. Located at 188 Davis St., the 2,800 s/f building on .38 acre was constructed in 1972 and has been an operating convenience store leased by 7-Eleven.
Japage Partnership and 7-Eleven, Inc. were represented by Bowden of R. Calabrese Agency of Waterbury. 7-Eleven, Inc. was additionally represented by attorney Kevin Kancherla of Excess Space Retail Services, Inc. of Lake Success, N.Y. Closing of title and escrow on March 30 was provided by Republic Title of Texas, Inc.
New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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.