News:
Brokerage
Posted: February 23, 2018
Charterhouse Development Corporation acquires CVS Pharmacy for $1.875 million
New Bedford, MA Charterhouse Development Corp. has purchased a CVS pharmacy. Located at 2100 Acushnet Ave., the pharmacy was acquired by an entity operated by Charterhouse Development from HRES Acushnet LLC for $1.875 million. CVS is a nationally recognized pharmacy chain with over 9,000 locations across the United States
“We are thrilled to have acquired this prime, centrally located real estate asset which serves residents of New Bedford and the surrounding communities,” said Meredith Roy, president of Charterhouse Development Corporation.
MORE FROM Brokerage
Horvath & Tremblay sells three retail properties in New Hampshire for $6.285 million
Franklin, NH Horvath & Tremblay has completed the sale of three retail properties in New Hampshire for a total of $6.285 million. Jake Mabardy, Aaron Huntley and Brad Canova of Horvath & Tremblay have completed the sale of Franklin Shopping Center. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $3.595 million.
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
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.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
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.
