News: Brokerage

KeyPoint Partners sells West Plymouth Square for $7 million

The investment sales team at KeyPoint Partners, LLC has completed the sale of West Plymouth Square, according to Jonathan Aron, vice president of investment sales. KeyPoint Partners represented the seller. The buyer was procured by Michael Scanio of Cambridge Capital Advisors. The sale price was $7 million. West Plymouth Square is a 127,847 s/f shopping center located at the confluence of Rte. 44 (Carver Rd.) and Rte. 80 (Plympton Rd.). The center is anchored by Ocean State Job Lot and Planet Fitness. Other key tenants include Dollar Tree, Papa Gino's, Eastern Bank, and Plymouth Liquors. "West Plymouth Square provides both a stable income stream and the opportunity for significant value creation," Aron said. "The property provides the new owner with compelling future capital appreciation potential."
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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

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

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.