Press/Cuozzo Realtors completes 7,460 s/f lease renewal in Hamden
According to Stephen Press, SIOR of Press/Cuozzo Realtors, the firm has renewed the lease of 7,460 s/f at 940 Sherman Ave. The tenant, WOOF, Inc., operates "The Barking Lot" that offers doggie daycare, overnight sleepovers and training.
Stephen Press, SIOR represented the tenant and Joel Nesson, MBA represented the owner, WTE 940 Whitney, LLC.
Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million. 827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
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.