News:
Brokerage
Posted: September 22, 2011
Keefe of HK Group sells community shopping center for $15.4 million
Matthew Keefe of HK Group has sold a Stop & Shop/Rite Aid community shopping center for $15.4 million to a group of investors based in Greenwich. The Stop & Shop performs very well and is an anchor for the Rte. 44 and Winsted community. The center has 10,000 s/f of vacancy which the new owners are already negotiating to lease.
HK Group specializes in investment brokerage transactions in the tri-state area and New England.
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.
Quick Hits
Columns and Thought Leadership
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.
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.
September Promotion
