Neville Cos. selected by Stop & Shop Supermarkets to manage 500,000 s/f
Neville Companies, Inc. was selected by Stop & Shop Supermarket Cos. to manage eight commercial properties comprised of over 500,000 s/f of retail and office space throughout New England. These properties, tenanted with local and national leaseholders alike, range in size and include an 180,000 s/f Stop & Shop anchored shopping plaza in downtown.
Geoffrey Grab, Neville's director of business development, cultivated a relationship with the Stop & Shop Supermarket over the past several years of his career, and through his efforts, this contract was brought to Neville.
Neville's Mass. office will handle the management of the Stop & Shop assignment under the supervision of Roger Tyler, director of property management, Geoffrey Grab, senior property manager and Lori DeSantis, property manager.
Neville has been providing real estate and investment services in New England since 1989, with an emphasis on experience, integrity and competence. Neville is known throughout the region as a company that prides itself in customizing its services to meet the best interests of each client.
Visit www.nevilleco.com to learn more.
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.
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.