News: Brokerage

Lombardo of Pearce Commercial negotiates 900 s/f lease in Essex

Essex, CT According to Barbara Pearce, CEO and president of Pearce Real Estate, Richard Lombardo, CEM, associate commercial broker in the company’s Milford office, has negotiated a  900 s/f lease at 14 Plains Rd. Lombardo represented both the lessor and the lessee, Lynn Perkins,  whose business, Essex Timeless Décor, specializing in antique furniture, repair and refinishing, will occupy the space. 

“Dick Lombardo’s expertise and experience in building infrastructure serves him well in commercial real estate,” said Pearce. “His clients intuitively know and appreciate his value-added perspective, his professional demeanor, and his ability to match his client with exactly the appropriate space.” 

Lombardo, a broker for more than 25 years, formerly had a 35 year career at the UIL Corporation, specializing in marketing and sales and implementing utility management programs to commercial and industrial customers. He assisted design professionals and customers in evaluation of energy efficient options and alternatives pertaining to new construction, renovation, HVAC equipment, and industrial process improvement, all relating to energy savings. 

He has a bachelor of science Engineering degree from the University of New Haven (UNH), is a Certified Energy Manager (CEM), Certified Lighting Efficiency Professional (CLEP) and a Certified Carbon Reduction Manager (CRM). Lombardo is a past board member of the Milford Chamber of Commerce, a past president of the Devon Rotary and a member of The Greater New Haven Association of Realtors Commercial Industrial Division (GNHAR-CID). 

MORE FROM Brokerage

Bradley of Horvath & Tremblay handles $9.5m Belmont Portfolio sale

Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
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.