News: Brokerage

Durgin of Conway Commercial named agent for Sweet Fordy's sale

Paul Durgin of Conway Commercial is representing Patrick and Elena Ford in the sale of their Pembroke café, Sweet Fordy's at 290 Center St. (Rte. 36). The listing includes the real estate, equipment, a beer and wine license, and a greenhouse that could be used for expansion or a separate business. "This is an excellent opportunity for a new owner," said Durgin, who heads the Commercial Division of Jack Conway, Realtor. "Sweet Fordy's is already a popular café with a well-established local clientele." Sweet Fordy's is owned and operated by Elena Ford and her husband Patrick, an experienced baker who trained under a French pastry chef. The café includes a bakery section and a delicatessen serving a variety of soups and signature sandwiches made on seven kinds of freshly baked breads. "My husband and I realized a dream when we opened Sweet Fordy's," said Elena Ford. "We had envisioned a café with more of a European flair, but our customers wanted a home-style casual environment with simpler fare, and that's what we gave them." "Our café has become an excellent meeting spot for local residents," said Ford. "People come here for breakfast, use their laptops with our free WiFi, and then come back again for lunch. I don't think there are many people in Pembroke who don't know Sweet Fordy's."
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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

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.