News: Brokerage

Press/Cuozzo named exclusive sales agent for 4,350 s/f retail site

According to Press/Cuozzo Commercial Services, Stephen Press, SIOR, principal of Press/Cuozzo Realtors, has been appointed exclusive sales agent for a former auto dealership property located on high traffic Rte. 5 near the Meriden/Wallingford town line. Fully renovated in 2004, 171 South Broad St. is comprised of a 4,350 s/f retail/auto facility on 2.28 acres in a C-3 zone. This prime retail location provides ample parking, great visibility and offers an opportunity for expansion and development. Potential uses for the site include: restaurant, catering, hotel/motel, retail, bank, medical and professional offices, automotive, sales and service.
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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.