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Brokerage
Posted: August 30, 2024
Durgin of Conway Commercial facilitates 4,000 s/f 7-Eleven sale
Milton, MA Paul Durgin, vice president of Conway Commercial, brokered the sale of a well-established retail/professional building located at 588 Randolph Ave. Situated on .65 acres with 4,000 s/f of interior space, the property is located on one of the busiest corners in Milton. Long-term tenants are 7-Eleven and Seaport Dental.
Durgin represented the seller, 588-90 Randolph Ave LLC and procured the buyer, 588-590 Randolph Ave. Milton, LLC. The sale price was $1.6 million.
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Sullivan & Sullivan brings 14 Class A office condos to auction
Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
Columns and Thought Leadership
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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.
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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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