News: Brokerage

The Geenty Group leases 2,244 s/f to The Little Columbia Restaurant

The Geenty Group, Realtors, completed the five-year lease of The Little Columbia Restaurant, a 2,244 s/f free-standing building on 672 Main St. with onsite parking. The tenants are Julio and Rosalba Vera of Vera Vera Enterprises, LLC. The landlord is Giovannina Associates, LLC. The Geenty Group, Realtors was the sole broker in this transaction, with Juan Marquez serving as the tenant's agent and Kristin Geenty SIOR serving as the agent for the landlord.
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Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million

Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
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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

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

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.