News:
Brokerage
Posted: October 23, 2015
Marcus & Millichap arranges $2.3 million sale of 28,000 s/f Crossroads Common
Crossroads Common - East Freetown, MAEast Freetown, MA Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, arranged the sale of Crossroads Common, a 28,000 s/f retail property, according to Tim Thompson, sales manager of the firm’s Boston office. The asset sold for $2.3 million.
Laurie Ann Drinkwater, Marcus & Millichap
Seth Richard, Marcus & Millichap
Andrew Gilbert, Marcus & Millichap
Laurie Ann Drinkwater, vice president investments, in the Boston office; Seth Richard, vice president investments, in the Manhattan office; and Andrew Gilbert, associate in the Boston office of Marcus & Millichap, had the exclusive listing to market the property on behalf of the seller, a local investor. The buyer, a regional business owner, was also procured by Drinkwater, Richard and Gilbert.
Crossroads Common is located at 1 Chace Rd. This property is the primary shopping center in the town of Freetown occupied by a solid mix of local and regional tenants including Crossroads Liquors, Subway and Bristol County Savings Bank.
MORE FROM Brokerage
Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
Columns and Thought Leadership
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.
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.
