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Brokerage
Posted: September 25, 2008
Denenberg Realty Advisors sold 25,000 s/f shopping center for $1.8m
Neil Denenberg of Denenberg Realty Advisors sold a strip center at 270 Main St., for $1.8 million. The center known as Indian Head Lake Plaza consists of two detached buildings totaling 25,000 s/f. The seller in the transaction was Two Brothers, LLC and the buyer is Di Donna Realty Trust.
Current tenants include Hanson Post Office, Dominos Pizza as well as eight other tenants. Center includes a large pylon sign. The property is located on Rte. 27 which runs east and west of Rte. 24 and Rte. 3.
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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
Quick Hits
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.
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