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Brokerage
Posted: November 25, 2008
Graf and Sannella of Houlihan-Parnes arrange $5.45m sale of Rivers Edge
Ed Graf and Ted Sannella of Houlihan-Parnes/ iCap Realty Advisors have arranged for the acquisition of The River's Edge Shopping Plaza.
The property is located at 45 South Main St. The 2.23 acre shopping center consists of a two-story retail and office building containing 51,628 s/f. The center is anchored by CVS. Other on-site tenants include Verizon Wireless, Valley Fitness Center, Peoples Choice Pizza, and Quest Diagnostics. The property was purchased for $5.45 million.
MORE FROM Brokerage
Sullivan & Sullivan brings 14 Class A office condos to auction
Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
Columns and Thought Leadership
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
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.
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