News: Brokerage

SVN | Parsons completes $2.3 million sale of 17,00 s/f mixed-use property

Sudbury, MA SVN | Parsons Commercial Group | Boston has completed the sale of a 17,000 s/f mixed-use building at 615 Boston Post Rd. to VTT Holdings LLC for $2.3 million.

Senior advisor, Jake Parsons of SVN | Parsons Commercial represented the seller, Romex Holding Realty Trust. Senior Advisor, Marilyn Santiago of SVN | Parsons Commercial represented the buyer, VTT Holdings LLC, in the transaction. 

615 Boston Post Rd. is a 17,000 s/f free standing retail strip center known as Dudley Square located on Rte. 20. This building consists of office and retail tenants including a hair salon, tobacco shop, audio/video store, auction house, picture frame retailer, café and an attorney’s office. There are currently two office spaces available for lease.

MORE FROM Brokerage

Horvath & Tremblay sells Fountain Square in Shelton, CT for $30.5 million

Shelton, CT Bob Horvath, Todd Tremblay and Matt Nadler of Horvath & Tremblay have completed the sale of Fountain Square, a new construction retail center. Horvath & Tremblay exclusively represented the seller and secured the buyer to complete the transaction at a sale price of $30.5 million. 
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

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

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.