McKinnon of The Grossman Companies renews 3,500 s/f lease
Burger King has renewed the 3,500 s/f long-term lease for its retail location at 56-72 Granite St., according to Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., who represented the tenant and landlord, 56-72 Granite Street Trust, in the transaction.
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.