News:
Brokerage
Posted: January 23, 2008
Scotti and Assoc. sells 3.55 acres to Marshall Props. for $2.1 million
Michael Kern and Peter Scotti of Peter M. Scotti and Associates sold the 3.55 acre site at 541 Smith St. (Rte. 44) for $2.1 million to Marshall Properties. The property, with 1,000 feet of frontage, is improved by a 25,000 s/f Valueland Supermarket.
Scotti and Assoc. represented the buyer and seller, Providence College, in the transaction.
The new owner intends on re-developing the property with a grocery store and one or more pad sites.
MORE FROM Brokerage
O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
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.
