The Fini Real Estate Group sells Whitney Plaza for $2.8 million
The Fini Real Estate Group of Bedford, N.H. has completed the sale of Whitney Plaza. The 26,000 s/f neighborhood center is anchored by Concentra Medical Services and Giovanni's Restaurant.
Tom Fini and Jeff White represented the seller Riverwalk-Hudson, LLC and procured the buyer, SCR Real Estate, LLC.
"Our firm has had excellent success in marketing retail centers," said Fini. "Well located and fairly priced retail offerings continue to be in significant demand affirming the health of this CRE sector."
The plaza was 100% leased at time of sale. According to registry records the property was sold for $2.8 million.
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
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.