Theroux of Drubner Commercial completes $400,000 sale in Waterbury
David Theroux, managing partner of Drubner Commercial Real Estate has completed the following transaction:
Todd and Anthony Tobacco has purchased 461 Watertown Ave. from The Dover Benedict Group.
The Tobacco brothers will convert the former used car building to a full-service car wash and detailing center.
The reconstruction is underway and an opening is expected this fall.
The sales price was $400,000 and Theroux was the only broker in the transaction.
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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.
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.