Centro Properties Group selects NAI ReStore to sell 17-prop. portfolio

NAI ReStore has been selected by Centro Properties Group to market for sale a 17-property shopping center portfolio. The portfolio includes more than 1.3 million s/f of GLA (gross leasable area) in community shopping centers and grocery-anchored centers in nine southeast and midwest states, and has an aggregate value in excess of $90 million. "Centro chose NAI ReStore to market this portfolio because NAI has brokers in the local communities where these centers are located," said NAI ReStore president and CEO David Solomon.

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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

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.

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Horvath & Tremblay completes sale of Walgreens store for $4.9m

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Prescott IOS and the Stubblebine Company complete 30,500 s/f on three acres of IOS in a build-to-suit lease at 3 Belcher St., Plainville, MA

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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.

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