TRB Development Group, Inc. completes 14,250 s/f CVS and begins 60-unit apartment renovation
TRB Development Group, Inc., general contractor from Hooksett, N.H., has completed the expansion and renovations of the CVS Pharmacy located at 555 Main St. The store is 14,250 s/f and remained open during renovations that included night-time paving. A Minute Clinic and drive-thru pharmacy window were added. Architectural plans were by BKA Architects of Brockton.
TRB Development Group has also begun renovation of 505 Pleasant St. in Malden, a 60-unit apartment building that was badly damaged by fire. 505 Pleasant Street is a design -build project with plans by Thomas Bakalars Architects PC of Boston.
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.
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.