News: Brokerage

Northeast Retail completes 9,180 s/f and breaks ground on 8,320 s/f

East Hartford, CT According to Daniel Plotkin of Windsor CT-based Northeast Retail Leasing & Management Co., the preferred build-to-suit developer for Family Dollar Stores completed a new 9,180  s/f store at 627 Burnside Ave. and broke ground for a new 8,320 s/f Family Dollar store at 51 Norwich Ave. in Norwich.

According to Plotkin, Town Fair Tire Centers has opened two new stores in New Hampshire at 570 Meadow St. in Littleton and 31 Nashua Rd. in Londonderry, and a third store in Connecticut at 19 Pavilion Dr. bringing the store count to 94 throughout New England.

Town Fair Tire is one of New England’s largest tire retailers and seeks retail locations, land, pads and shopping center space for its 7,000 s/f stores.

MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.