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Brokerage
Posted: October 28, 2016
Lyman Real Estate leases 1,558 s/f to Dollar General
Ron Lyman, Lyman Real EstateNorwich, CT Dollar General will soon be opening at 646 Boswell Ave., a location that formerly housed the Seafood Etc. market, according to Ron Lyman, CCIM, CEO of Lyman Real Estate, whose Matthew Darling was the selling agent. Michael Alberico of Atlantic Retail Properties (Northeast) was the buying agent for the 1,558 s/f building situated on 0.81 acre.
The property features parking and a location at the intersection of Boswell Ave. and Rte. 12, North Main St. Dollar General operates 12,500 stores in 43 states. Based in Goodlettsville, Tenn., the brand’s focus is on “delivering everyday low prices on name-brand products.”
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Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million
Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
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.
