Charter Realty and Development has leased space in Whole Foods Plaza to Rockland Trust. Rockland Trust took 2,500 s/f and will be joining Whole Foods, Rite Aid, Liberty Bell Restaurant, Honey Dew Donuts, Anton's Cleaners, Clean N Brite Laundromat, Superior Image Barber and Towers Plaza Variety. Significant renovations have taken place and Whole Foods has opened in the anchor position. The center is situated at the intersection of Main St., Lynn Fells Pkwy. and Melrose St.
Rockland Trust is a commercial bank based in Rockland, Mass. Rockland Trust has over 1,000 employees and offers a wide range of commercial, retail, commercial banking products and services, business and consumer loans, insurance products and services, and investment management services. It has 77 retail branches, 10 commercial lending centers, and 4 mortgage banking centers.
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.
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.