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Brokerage
Posted: February 22, 2019
Sherman of Angel Commercial sells 3,438 s/f for $965,000 in Darien
Darien, CT 17 Tokeneke Rd. has sold for $965,000 to a local investor, according to Brett Sherman, CCIM, senior vice president of Southport-based Angel Commercial, LLC, who was the sole broker in this transaction.
The 3,438 s/f two-story building is located in downtown, across the street from the Darien Train Station, restaurants and shopping, and has access from both Tokeneke Rd. and the Center St. municipal parking lot. The building has three retail units, two are occupied by long term tenants, and one is available for rent. The property had been owned by the same family for multiple generations.
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Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons
Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
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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.
