News:
Brokerage
Posted: November 25, 2016
Lyman Real Estate leases 1,048 s/f to T-Mobile at Max’s Place
Max’s Place Shopping Center - Old Saybrook, CTOld Saybrook, CT T-Mobile US, Inc., has leased a 1,048 s/f retail location at Max’s Place Shopping Center, 22 Spencer Plain Rd. (Rte. 166), according to Ron Lyman, CCIM, CEO of Lyman Real Estate, who is the Max’s Place developer and landlord for the transaction.
Lyman said, “We are pleased to have this quality tenant come into our last available space. Phase 1 of the shopping center is fully leased.”
Max’s Place is one of the Middlesex County shoreline region’s largest retail developments in recent years. The $30 million project covers more than 18 acres and contains more than 128,000 s/f of retail space.
MORE FROM Brokerage
O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property
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.
Quick Hits
Columns and Thought Leadership
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
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.
