Charter Realty & Development leases 2,350 s/f to Verizon
Charter Realty & Development has arranged a 2,350 s/f lease for Verizon located in the Dress Barn Plaza.
Dress Barn Plaza is located on Rte. 7 and also contains Dress Barn and Dress Barn Woman. Verizon will be relocating and expanding from a nearby location.
Verizon offers global voice and data services in more than 200 destinations around the world.
Charter Realty & Development Corporation currently owns or leases over 14 million s/f of shopping centers throughout the northeast.
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.