News: Brokerage

Theroux of Drubner Industrials handles $1.26m retail center sale

Dave Theroux, a broker with Drubner Industrials of Waterbury, sold 515 Watertown Ave. The property is a retail center anchored by Day-Break and Nardellis Sandwich Shop. There are five units of commercial condominiums in the building. The buyer, Batista Family Partnership will occupy one of the units for their Dunkin' Donuts corporate offices. The seller was Middlebury Properties LLC, a real estate holding company owned by Greg Wright. Paul Rodia of Drubner Industrials assisted Theroux with this transaction. The sale price was $1.26 million.
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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.