CBRE | The Boulos Company secures two tenants at Stillwater Crossing
According to CBRE | The Boulos Company, V & E Enterprises secured a 9.4-acre retail parcel along Stillwater Ave. V & E Enterprises is currently developing the site into a three building retail center known as Stillwater Crossing. Dan Greenstein of CBRE | The Boulos Company represented V & E Enterprises and secured two tenants for the center, a 55,000 s/f Hobby Lobby and a 7,200 s/f Buffalo Wild Wings, both planning to open in August.
V & E Enterprises acquired the Stillwater Crossing site from Supervalu, Inc., a national grocery company. Supervalu, Inc. was represented by Charles Day, also of CBRE | The Boulos Co., who assisted them in the disposition of their surplus real estate.
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
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.