News: Brokerage

Colliers International leases 3,600 s/f

According to Colliers International Connecticut, 151 Old Ridgefield Rd., a recently constructed class A mixed-use property in downtown, is 100% leased. The Conservatory of Dance, a private dance studio that offers classes for children and adults, signed a long-term, 3,600 s/f lease for the building's last available space, on the second floor. "The Conservatory of Dance joins a roster of quality tenants at 151 Old Ridgefield Road, one of the only business locations in downtown Wilton," said Jackie Pinyan-Durels, a senior managing director with Colliers International Connecticut, who leads the leasing efforts on behalf of the building owner, Sun Plaza, LLC. Designed by local architect Joe Cugno, the 14,450 s/f property is within walking distance to shops, banks and the Wilton Library, and is in close proximity to the Wilton Train Station. The three-story building is handicapped accessible and serviced by an elevator.
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Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

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.
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The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.
End of the year retail thoughts - by Carol Todreas

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