Glickman Kovago and Company sells 224,396 s/f for $260,000
Glickman Kovago and Company completed the sale of land between James Andrews, III and Shawn Andrews of 1930 Gilbertville Rd., New Braintree Mass. and GC NF New England, LLC. The 224,396 s/f site, located at 195 West St. sold for $260,000.
Cumberland Farms purchased the site and recently began construction of their 4,513 s/f convenience store and fueling station, slated to open Q1 2015. The site is a relocation of an older Cumberland Farms store across the street.
Michael Jacobs, principal of Glickman Kovago and Company, represented Cumberland Farms.
Lee, NH William Peck of Horvath & Tremblay has facilitated the sale of two multi-family transactions totaling $7.145 million. The Mast Road Portfolio, a 30-unit multi-family portfolio, sold for $5.12 million and 72 Oak St.
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.