Paramount Properties sells 13,000 s/f retail center for $1.755 million
John Cregan of Paramount Properties has sold a three-building, retail/office complex at 265-297 Providence St. The 13,000 s/f center is 93% leased.
Cregan of Paramount Properties Group represented the seller LaCroix Properties. Raymond Yee of Meiland Real Estate represented the buyer, Henry Johnson in this sale.
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.