News: Brokerage

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.
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Combined Properties renews 164,095 s/f lease to Conduent, Inc.

Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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