News: Brokerage

Galton of Houlihan Lawrence completes sale
of multi-tenant retail building for $1.5m

Kim Galton

Darien, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, one of the leading real estate firms serving New York City’s northern suburbs, has completed the sale of a 3,164 s/f retail building at 873 Boston Post Rd.

The buyer was represented by Kim Galton, director of retail of the commercial division, Houlihan Lawrence. The property is centrally located. 

The building sold for $1.5 million and the buyer will have the income that is generated from two tenants with long-term leases and solid local businesses.

MORE FROM Brokerage

Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million

Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
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.