KBE Building Corp. breaks ground for $17 million renovation project
Jordan's Furniture in New Haven will undergo a $17 million renovation led by construction manager KBE Building Corp., which broke ground on May 6.
The 193,000 s/f project, designed by architect BL Companies, encompasses the following scope:
* Renovation of existing building (two stories and mezzanines)
* New entrance feature, signage feature, and canopy
* New exterior doors and interior partitions
* New single story detached pump house totaling approximately 514 s/f
* Roof patching
* Exterior site work including demolition of pavement; sidewalks and tree removal; utility coordination; new paving; plantings; concrete and brick paving; storm and sanitary drainage including infiltration system; off-site water line
The project is scheduled for completion in late fall.
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.
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.