Fini Real Estate Group completes sale of 54,666 s/f shopping plaza
Fini Real Estate Group, Inc. of Bedford, N.H. has completed the sale of Downtown Crossing Center located at 107-123 Main St. The center is anchored by Adams Supermarket, Rite Aid, U.S. Post Office and Monson Savings Bank. The 54,666 s/f shopping plaza is on an 5.59 acre tract of land, situated in the primary retail district of the community.
Tom Fini of the Fini Real Estate Group, Inc. Represented the seller, Grace Chuck, LCC and assisted the buyer, Medeiros Downtown Crossing, LLC.
According to registry records, the property was sold for $6.35 million.
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.
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.