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Brokerage
Posted: March 26, 2015
RHYS Commercial completes Pet Valu deals
RHYS Commercial, a full-service commercial real estate firm, has recently signed its sixteenth lease on behalf of Pet Valu, a specialty retailer that sells pet supplies. Leases at an additional six locations are in progress, including four in Rhode Island.
RHYS partner and head of retail leasing, Jason Wuchiski, and Vice President Tyler Lyman, have been working to introduce Pet Valu into new U.S. markets since March of 2013. RHYS is currently looking to secure new Pet Valu locations in Conn., R.I. and Westchester, Rockland, Orange, Putnam and Dutchess counties in N.Y.
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Sullivan & Sullivan brings 14 Class A office condos to auction
Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
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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.
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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.
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