Butler Realty Group and DeFelice Realtors cobroke $120,000 sale
Jeffrey Butler of Butler Realty Group and Feng Lei of DeFelice Realtors co-brokered the $120,000 sale of a 3,186 s/f retail building at 734 Park Ave. to Yan Juan Liu. The seller of the 5-unit (2 retail, ground floor; 2 residential, second floor; and a garage) property was Brightside Realty, LLC. The buyer plans on renovating the apartments and opening a Chinese restaurant and gift shop on the ground floor.
And in Swansea, Mass. Butler sold a 1,500 s/f retail location at 572 Grand Army Hwy. to Mark Carreiro. The seller of the former Tim Horton's location was 572 Swansea Realty, LLC. The buyer will open a Sprint Cell Phone Store. The lender for the $415,000 loan was Dime Bank.
Westborough, MA According to Marianne Sullivan, president of Sullivan & Sullivan Auctioneers, her firm will be bringing Westboro Executive Park to foreclosure auction on Friday, October 23, 2026 at 12PM. The offering consists of three buildings on three separate parcels totaling 244,335 s/f of mixed use space on 14.9 acres in the MetroWest Business Corridor.
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.