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Brokerage
Posted: August 25, 2009
Centro Properties Group leases 1,539 s/f at Waterbury Plaza
According to Centro Properties Group, a 1,539 s/f lease has been executed with Nail Tek & Spa at Waterbury Plaza, located east of the James Darcey Memorial Hwy. (CT-8), on Chase Ave. north of Main St. Centro Properties Group is the owner of Waterbury Plaza and was represented by David Gerstenhaber with Centro Properties Group.
Centro Properties Group is one of the largest owners of community and neighborhood shopping centers in the U.S. Its portfolio of more than 610 properties is strategically located across 39 states and aggregates approximately 100 million s/f of gross leasable area.
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
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.
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.