Charter Realty now leasing 2 spaces totaling 5,750 s/f at Wells Plaza
Charter Realty & Development Corp. is now leasing the Wells Plaza located on Rte. 1.
Reny's Five Star Cinemas, Dollar Tree, and Pet Quarters anchor this 94,027 s/f center. Hannaford Bros. is located next to the center. The center currently has two spaces of 1,880 and 3,870 s/f available in addition to a pad site that can be up to 7,000 s/f.
Arlington, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of Jason Arms, a 12 unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer in the transaction. The asset sold for $3.3 million.
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.