News:
Brokerage
Posted: February 28, 2025
NAI Glickman Kovago & Jacobs brokers two-building retail center sale
Holden, MA NAI Glickman Kovago & Jacobs has brokered the sale of a two-building, 10,000 s/f retail center located at 597-633 Main St. to a local investor. The buildings were occupied at the time of sale by Holden Pizza, McGreevey’s Barbershop, Donut Kitchen, and Towne Cleaners. Prior to the transaction, NAI Glickman Kovago & Jacobs Property Management provided property management services for the site.
NAI Glickman Kovago & Jacobs vice president Tim Whittredge and principal Jim Glickman represented the seller, Kouliou Realty Trust, in the $1.8 million transaction.
“Our deep knowledge of this property, having managed it prior to the sale, allowed us to deliver a smooth transaction for our client,” said Whittredge. “With our full suite of brokerage, property management, and advisory services, we are committed to helping clients maximize the value of their real estate investments.”
MORE FROM Brokerage
Kelleher & Pentore of Horvath & Tremblay sell two multi-family props. 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.
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
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
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.