News: Brokerage

Pickering of New England Retail Props. leases 4,500 s/f to Gelvani Liquors

New England Retail Properties, Inc. has leased 4,500 s/f in East Haven Green Shopping Center located at 25-75 Frontage Rd. to Gelvani Liquors. Located off I-95 East Haven Green Shopping Center is a 200,000 s/f center located in one of Connecticut's most visible traffic arteries. It is home to a brand new Home Depot, AutoZone, Edible Arrangements, Off-Track Bedding and Wendy's. Nelson Pickering negotiated the lease between the landlord, East Haven Associates, and Gelvani Liquors on behalf of New England Retail Properties, Inc. Pickering represented the landlord and was the sole agent in the deal.
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Horvath & Tremblay sells three retail properties in New England for $3.65 million

New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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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.