Gill of Sea Watch Realty brokers 3,500 s/f lease at Shoppes at Long Pond
Sea Watch Realty has brokered the sale of the restaurant FF&E and the lease of the 3,500 s/f unit at The Shoppes at Long Pond at Exit 5.
Jim Gill represented both the seller and buyer, Michael DePaolo of Il Maestro Restaurante. The Italian dining restaurant opened this summer. Gill will continue to market the available space in the 17,000 s/f upscale plaza which is also home to Scottrade and Radio Shack.
Sea Watch Realty has offices in Plymouth, Hyannis, Falmouth, and Marion.
Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
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.
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.