News: Brokerage

Messore of Colonial Properties completes 3 leases totaling 7,286 s/f

According to Michael Richetelli, president of Colonial Properties, senior vice president - Fred Messore, has negotiated 3 leases totaling 7,286 s/f. Messore represented Nuvita, LLC - a frozen yogurt shoppe, who signed a10-year lease for 2,486 s/f at 477 Main St. located in Clock Tower Square. This is Nuvita's 4th and largest location so far. Other locations include: Orange, Milford and Branford. Royal Properties, Inc. represented the landlord - Clocktower Square #1, LLC in this transaction. Messore also represented Nuvita, LLC in the leasing of 1,600 s/f at 375 Morgan Lane, Unit 206 in West Haven that will be Nuvita's corporate offices and distributions center. Jeff Dow from Dow Realty Company represented the landlord - Comtios, LLC. Messore also leased 3,200 s/f at 486 Derby Ave. in West Haven to Lab Logistics, LLC who signed a 2-year lease and plan on using the space as a call center. Messore represented both the tenant and owner - 486 Derby Ave, LLC in this transaction.
MORE FROM Brokerage

Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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.