Christie and McGee of NAI Hunneman sell retail building for $1.3 million
NAI Hunneman has brokered the sale of a 12,000 s/f boutique retail building for $1.3 million.
NAI Hunneman's Carl Christie, executive vice president, and Dan McGee, financial analyst and sales associate, represented the seller, F&M Trust, and procured the buyer, 1487 Main Street Realty Trust.
Located at 1487 Main St., the building was constructed in 1987 and contains four retail suites totaling 12,000 s/f.
"We found a great buyer for this boutique building that is strategically located in the center of Tewksbury," said Christie. "The new owner plans to hold it as an investment."
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.