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Brokerage
Posted: November 22, 2019
Summit Realty brings 32,013 s/f retail center in Nashua to 100%
Nashua, NH According to Summit Realty Partners, Inc., 493-495 Amherst St. has reached full occupancy. This 32,013 s/f retail strip center situated on 3.89 acres is located at the lighted intersection of Amherst St. (101A) and Thornton Rd. This center features a diverse tenant mix including restaurants, banking, fitness and daily needs.
Summit has executed four leases in the last twelve months totaling over 12,000 s/f of retail space. These tenants include SPENGA, K’sone’s Thai Dining & Lounge, Kung Fu Tea and Avian & Sage Salon. Both Kung Fu Tea and Avian & Sage Salon are currently under construction and expect to be open for business soon.
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Kelleher and Pentore of Horvath & Tremblay handle $3.3m sale of Jason Arms, a 12 unit multi-family property
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.
Quick Hits
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.
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