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.
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.