News: Brokerage

Marshall of O,R&L Commercial completes $365,000 sale in Redding

Redding, CT O,R&L Commercial, LLC sold the 5,800 s/f retail/mixed-use building located at 5 Main St., directly across the street from the iconic Georgetown Saloon. The property sold for $365,000 and the new owner will turn the building into an artist studio and gallery.

Phil Marshall of O,R&L Commercial represented the seller, People’s United Bank National Association and the buyer, Robert Marty was unrepresented.    

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Kelleher and Pentore of Horvath & Tremblay handle $3.3m sale of Jason Arms, a 12 unit multi-family property

Arlington, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of Jason Arms, a 12 unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer in the transaction. The asset sold for $3.3 million.
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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

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

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.