O,R&L Commercial completes sale of 19,608 s/f retail property for $1m

Steve Foote of O,R&L Commercial, LLC recently completed the sale of a neighborhood shopping center and former branch bank totaling 19,608 s/f of retail at 446-450 South Main St. The sale price was $1 million. O,R&L represented both the seller, South Main Plaza Associates, LLC and the buyer, AKK-7, LLC.

Tags: Brokerage Retail

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Hardings and Fitzsimmons of Lila Delman Compass close on $3.6 million sale of 121 Kenyon Farm Rd., Narragansett

Narragansett, RI Lila Delman Compass brokered the sale of 121 Kenyon Farm Rd. for $3.6 million. Dan and Nicole Harding represented the sellers, and Ashley Fitzsimmons represented the buyers.

Marcus & Millichap arranges $3.9 million sale of 56,000 s/f 470 Pine St.

Marcus & Millichap arranges $3.9m sale of 56,000 s/f 470 Pine St.

Sweeney R.E. & Appraisal facilitates showroom lease at Greenwich Mills

Sweeney facilitates showroom lease at Greenwich Mills

Capstone Properties sells two-building complex for $4m

Compass sells 134 Ives St.

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Columns and Thought Leadership

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

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.