Signature Group negotiates $1.6 million sale of 315 Greenwich Avenue in Stamford
Signature Group, a full service commercial real estate firm, has negotiated the $1.6 million sale of 315 Greenwich Ave. and 39 Selleck St. in Stamford's rapidly developing South End. The buyer, Extreme Auto Body & Auto Repair, will move from its nearby Stamford location, expanding its business into the one-story industrial buildings, which measure 5,739 s/f and 4,000 s/f respectively. The adjoining buildings occupy a single, half-acre tax lot.
Signature Group vice presidents Bobby Gillon and Andrew Carney represented the seller, BonCap Realty, LLC. Don Corbo of New England Properties represented the buyer.
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.