Shea Commercial Props. and Prudential Verani Realty broker sale
KEP Realty Trust purchased 64 Crystal Ave. The building is leased to long-term tenant Small World Wireless - AT&T Authorized Retail store. Thomas Duffy of Prudential Verani Realty represented the seller Brian Magoon. Harry Shea of Shea Commercial Properties represented the buyer.
Arlington, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of Jason Arms, a 12 unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer in the transaction. The asset sold for $3.3 million.
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.
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.