News: Brokerage

NAI Glickman Kovago & Jacobs arranges $1.4 million retail building sale

Worcester, MA NAI Glickman Kovago & Jacobs has completed the sale of an 8,500 s/f retail building located at 994 Grafton St. for $1.4 million. The property was sold by 994 Grafton Street Realty LLC to 994 Grafton LLC. The transaction was brokered by vice presidents Jonah Glickman and Cody Miner, along with principals James Glickman and Mike Jacobs, who represented the seller and procured the buyer.

“This sale highlights the ongoing investor interest in neighborhood retail properties across Worcester,” said James Glickman. “We’re proud to have delivered value to our client through a well-executed marketing process.”

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
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.