News:
Brokerage
Posted: April 21, 2009
Hughes of New Dover Associates brokers $455,000 sale of office/retail building
John Hughes IV, associate of New Dover Associates, Inc., Framingham brokered the sale of Building Two of The Springdale Green Condominium, 2 Whiting Rd. on behalf of the seller, Sarni Nominee Trust, for $455,000.
Building Two is a free standing, 1,160 s/f office/retail condominium located in the town center of Dover. Dover Eyes, an established optometry practice, will join existing tenant Zoots Corporation, a well known dry cleaner, in Building Two.
New Dover Associates, Inc. procured the buyer and was the sole broker in the sale transaction.
MORE FROM Brokerage
Horvath & Tremblay sells Trader Joe’s in Shelton for $7,882,639
Shelton, CT Bob Horvath, Todd Tremblay, Matt Nadler and Jack Laurendeau of Horvath & Tremblay have completed the sale of Trader Joe’s. Horvath & Tremblay exclusively represented the seller and brought the buyer to complete the transaction at a sale price of $7,882,639 which represents a 4.95% Cap Rate.
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.
September Promotion
