Denenberg Realty Advisors sells retail building in Mattapan for $1.3 million
Neil Denenberg of Denenberg Realty Advisors represented both the buyer and the seller in the $1.3 million sale of a 7,500 s/f fully leased mixed-use retail/office building at 1659-1665 Blue Hill Ave.The following tenants occupied the building: H&R Block, Bank of America and a Physical Therapist Office. The seller was J.H.E. Properties and the buyer was MELJI Properties.
Denenberg said, "We are pleased to have sold this quality inner city property and glad to see properties in all the neighborhoods of Boston increasing in value."
North Branford, CT Bob Horvath, Todd Tremblay, Matt Nadler, and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Starbucks in North Branford, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.519 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.