Brett Eagleson and Richard Gold of O,R&L Commercial represented the owners in the $150,000 sale of 578-582 Main St. The 4,000 s/f building consists of 3 retail storefronts and 2 apartments. The property was purchased by an investor.
East Providence, RI Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Newport Center. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $8.5 million
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.
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.