News:
Brokerage
Posted: November 27, 2020
Hale of O,R&L Comm’l. leases 3,000 s/f to NBA Discount Liquors
Hartford, CT Andrew Hale of O,R&L Commercial, LLC has leased 3,000 s/f retail space. The space is located at 408 New Britain Ave. and is part of a one-story, 14,000 s/f retail plaza. The location was formerly occupied by a furniture store. Hale represented the owner, Brothers Investments, LLC, and the tenant, NBA Discount Liquors.
NBA Discount Liquors is a full-service package store that relocated to this new site from just down the street. NBA Discount has been doing business in Hartford for over 10 years.
MORE FROM Brokerage
Horvath & Tremblay sells three retail properties in New England For $11,288,032
North Reading, MA Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $11,288,032. Bob Horvath, Todd Tremblay, Jack Laurendeau and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Walgreens in North Reading.
Quick Hits
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
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
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.
