News: Brokerage

Marcus & Millichap lists Oak Harbor Village Square for sale

Exeter, RI Marcus & Millichap was awarded the exclusive listing for the sale of Oak Harbor Village Square, a mixed-use property.

Thomas Shihadeh, Rhode Island broker of record, is leading the exclusive marketing campaign on behalf of the seller, with Adam Cohen working in association with Shihadeh from Massachusetts.

“Oak Harbor Village is an exceptionally well-maintained shopping center in the heart of an affluent community,” said Cohen.

The offering, located at 567 South County Trail, consists of 53,493 s/f across three buildings and 11.52 acres. Built in 2005, the property has received more than $880,000 in capital improvements, including roof and HVAC replacements and apartment renovations. Oak Harbor Village Square features a mix of retail, restaurant and service-oriented tenants, along with five residential apartments.

The property is positioned along Rte. 2, one of the primary commercial corridors serving Exeter and the surrounding South County communities, and close to Rte. 102 and I-95. Exeter is located near the University of Rhode Island’s flagship campus in Kingston and 25 miles southwest of Providence.

MORE FROM Brokerage

Horvath & Tremblay sells three retail properties in New England for $3.65 million

New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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.