OR&L Commercial brokers $955,000 sale of 125 So. Main St.
Frank Hird, SIOR of OR&L Commercial brokered the $955,000 sale of 125 South Main St., a former automotive dealership. The property consists of over 15,000 s/f of building area situated on 2 acres of land.
The building was sold by Henry Sobolewski. The new owner, Par LLC, has exclusively listed the property with Hird for lease and redevelopment.
Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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.
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.