News: Brokerage

Meeks of O’Brien Commercial Properties sells 10,000 s/f industrial property for $1.15 million

Ayer, MA O’Brien Commercial Properties has completed the $1.15 million sale of the industrial property located at 5 Bishop Rd., a 10,000 s/f industrial building. The transaction underscores continued demand for well-located industrial assets within the Rte. 2 and I- 495 regional corridor.

Situated in an established industrial area, 5 Bishop Rd. offers functional warehouse and manufacturing capabilities well suited for a range of owner-user profiles. The property benefits from efficient building layout and proximity to major transportation routes connecting Greater Boston with Central Massachusetts and Worcester County.

Brandon Meeks, associate at O’Brien Commercial Properties represented seller. 

MORE FROM Brokerage

Kelleher and Pentore of Horvath & Tremblay sell a 15-unit multi-family property in Chelsea, MA for $3.55 million

Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million.  827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.