News:
Brokerage
Posted: August 25, 2010
Richetelli and Messore of Colonial Props. lease to Advance Auto
According to Michael Richetelli, president of Colonial Properties, Inc., the 6,300 s/f free standing building at 1422 Boston Post Rd. has been leased to Advance Auto, a publicly traded national auto parts chain, which operates over 3,300 stores nationwide.
Richetelli and Fred Messore of Colonial Props. represented the property owner, Milford Equity Associates, LLC in the trransaction. Advance Auto signed a ten-year lease and opened the store in the spring. The building formerly housed Doman Home Fashions.
MORE FROM Brokerage
Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
Columns and Thought Leadership
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.
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.
