Litchfield and Keeler of Concord Commercial broker $95,000 sale
Rumford Realty Group LLC, affiliated with Upton & Hatfield LLC, recently purchased the former Friendly Kitchen property located at 12 - 14 Montgomery St. for $95,000. The building will be torn down and replaced with a parking lot for use by the new owners. Brenda Litchfield and Jody Keeler of Concord Commercial Real Estate represented the seller, The Friendly Kitchen.
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
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.
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.