Joyce B. O'Connor Real Estate sells Heritage Mall for $3.7 million
Joyce B. O'Connor Real Estate Inc. has sold Heritage Mall for $3.7 million to David DeLollis.
The one-story, 31,200 s/f strip center includes a 2,915 s/f bank located on a pad site. The strip center is located on 6 acres with 230 parking spaces.
Heritage Mall is located on Southbridge St. across from the Holiday Inn Express. The property has 13 retail/office units.
Joyce B. O'Connor Real Estate was founded 38 years ago and provides traditional brokerage service to its clients throughout greater central Mass.
In addition to commercial brokerage business, they offer customized service for site selection which includes market research, assemblages, negotiations, customized contracts and other site specific research.
They continually challenge themselves to redefine their goals and improve their ability to respond to their client's needs. They provide the highest quality service in the sale and leasing of commercial and industrial real estate.
Let their proven reputation for professionalism and integrity serve your needs.
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.