Markham + DeRentis facilitate purchase at 398-402 Hope Street
Markham + DeRentis Associates facilitated the purchase of the mixed-use building at 398-402 Hope St., which will now serve as the new home of City Kitty, Rhode Island's only veterinary clinic devoted solely to cats.
Previously a flower shop and greenhouse, City Kitty owner, Dr. Cathy Lund has long had an appreciation for the building's open, light-filled spaces and believes it is the perfect site for her business. "Most of our clients live in Providence so this is a more central location with greater access," said Lund. "The building also gives us the opportunity to increase our clinic space, which will allow us to accommodate our clients better."
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.
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.
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.