Centro Props. executes 1,350 s/f lease with at Watertower Plaza
According to Centro Properties Group, a 1,350 s/f lease has been executed with Sally Beauty at Watertower Plaza, located just south of Highway 2, on the southeast corner of North Main St. (Highway 12) and Hamilton St. Joel Reichman of Lerner Real Estate Group, Andover, represented Sally Beauty. Centro Properties Group is the owner of Watertower Plaza and was represented by Mark Potter 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 620 properties is strategically located across 39 states and aggregates approximately 101 million s/f of gross leasable area.
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.