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Brokerage
Posted: February 26, 2015
Martin of Colliers International sells 11.08 acres for $1.8 million
According to Colliers International, a global leader in commercial real estate services, Doug Martin of the Manchester, N.H. office, represented the seller, W&E Realty, LLC, and assisted the buyer, 94 Manchester Street, LLC, in the sale of 94 Manchester St. The sale price was $1.8 million, according to the records of the Merrimack County Registry of Deeds.
This 11.08 acre mixed-use lot was the last large auto sale site in Concord. 94 Manchester Street, LLC plans to redevelop the site into a full-service Key Auto Group location, including relocating Key Collision of Concord to a new 20,000 s/f facility on the site. This property adds to its growing portfolio in New Hampshire.
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Sullivan & Sullivan brings 14 Class A office condos to auction
Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
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Columns and Thought Leadership
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
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.
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