Melillo of Pearce Commercial, Hansen of CBRE broker Rockville Bank lease
Dave Melillo of the North Haven office of Pearce Commercial Real Estate represented Rockville Bank in leasing space at 2319 Dixwell Ave. Rockwell Bank, headquartered in Rockville, will operate a New Haven County commercial banking office to serve the greater New Haven market. Veteran area bankers Steve Villecco, Ray Kostka and Matt Proto have joined Rockville Bank to provide complete business banking services to customers in the area.
David Hansen of CB Richard Ellis represented the landlord, 2319 Hamden Center I, LLC.
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.