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Brokerage
Posted: August 27, 2021
KeyPoint Partners brokers three retail sales totaling $10 million
Franklin, MA KeyPoint Partners (KPP) negotiated three retail investment sales transactions, according to Jonathan Aron, vice president of investment sales for the firm. The total sales value was $10 million.
KPP represented the buyer in the purchase of 1122 Burnside Ave., a newly-constructed Dollar General in East Hartford, CT, with a 15-year lease.
KPP represented the buyer in the purchase of 9 Central St., a former Peet’s Coffee location in Wellesley, Mass., which is now a new Chase Bank location with a 10-year lease.
KPP also represented the seller and procured the buyer for West Central Plaza, a 9,905 s/f shopping center located on West Central St. (Rte. 140) in Franklin, Mass. West Central Plaza is fully leased to a diversified mix of quality, e-commerce-proof tenants including Gentle Dental, Jersey Mikes, Divine Nails, Franklin Physical Therapy, and Sport Clips.
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Quick Hits
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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.
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