News:
Brokerage
Posted: November 21, 2025
Shawah of Baldwin Pearson & Co. closes $2.25m sale of multifamily asset
Stamford, CT Daniel Shawah of Baldwin Pearson & Co., Inc. has brokered the sale of a well-located multifamily asset at 638 Cove Rd., positioned at the corner of Cove Rd. and Duffy St. in the Shippan neighborhood.
The property is comprised of eight residential units and sold for $2.25 million translating to $238 per s/f and $281,250 per unit. The transaction closed all-cash within 30 days, underscoring the buyer profile that Shawah was able to secure.
“We’re very pleased with the outcome of this transaction and proud to have delivered exceptional service to both the buyer and seller,” said Shawah.
MORE FROM Brokerage
Kelleher and Pentore of Horvath & Tremblay sell a 15-unit multi-family property in Chelsea, MA for $3.55 million
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.
Columns and Thought Leadership
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.
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.
