News: Brokerage

Galvani of Parsons Commercial Group completes $4.15 million sale

Parsons Commercial Group, Inc. (PCG) completed the sale of 75 Bolton St. Ext. for $4.15 million. Victor Galvani, vice president at Parsons Commercial Group represented both the seller, Yorkshire Realty Trust and the buyer, Arak II, LLC in this transaction. 75 Bolton St. Ext. is a 13,363 s/f retail building that is fully leased to Rite Aid Pharmacy. "75 Bolton Street Ext. is a great investment opportunity for an owner with minimal landlord obligations having the single tenant in-place for over 10 years on a NNN lease," said Galvani.
MORE FROM Brokerage

Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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.