Scaralia of Albert Realtors sells 1,963 s/f former restaurant site
Janet Scaralia of Albert Realtors' commercial division sold a 1,963 s/f former restaurant at 1369 Park Ave. for $315,000.
Scaralia represented the seller, Clara Cardi Revocable Trust. Sean Harrington of Exit Realty represented the buyer, Park Pace Realty LLC/David Ricci.
The space will be renovated for either professional office or medical office space.
Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
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.