News:
Brokerage
Posted: January 28, 2022
Halprin of New England Retail Props. handles $1 million sale of 1,900 s/f 7-Eleven store
Glastonbury, CT Matt Halprin of New England Retail Properties, Inc. has sold the former 7-Eleven gas station convenience store located at 3041 Main St. for $1 million. The sale closed on December 21st.
Halprin exclusively represented the seller, Bidwell Associates, who had owned the property for 45 years. New England Retail Props. had leased the property to 7-Eleven in 2000. The buyer was a local investor. The property features a 1,900 s/f building on .5 acres.
MORE FROM Brokerage
Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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.
September Promotion
