News: Brokerage

TRB Development Group completes $2 million, 10,000 s/f CVS Pharmacy on time

TRB Development Group, Inc. of Hooksett, has completed the new CVS Pharmacy at the corner of Water and Hall Sts. The store opened for business on May 4th. The grand opening ceremony took place on May 10th, followed by a barbeque that was open to the public. A raffle for two Red Sox tickets, with proceeds to benefit Easter Seals, will continue through June 6th, the day after Easter Seals' annual 'Walk with Me' fund raiser. Other health-oriented clinics will occur at the new CVS during the month of May. The retail portion of this slab-on-grade, steel frame building is 10,000 s/f with a 1,000 s/f pharmacy, 1,200 s/f of back room, and 1,800 s/f of storage area/mezzanine. The project cost $2 million, and in spite of the snowiest winter in many years, TRB completed it on time adhering to the seven-month schedule. Masonry veneer featuring a herringbone pattern and EIFS accents adds to the overall appearance of the architectural style of this building, and the RubberGard EPDM roofing system will provide long-lasting protection against severe weather. The retail store has a one-hour photo lab and a material lift to convey products to the retail floor. There are two, drive-up windows to the pharmacy and dual entrances and exits from both Water and Hall Sts.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.