News: Brokerage

TRB Realty closes $2.99 million sale of Town Plaza in Northbridge

Thomas Blakely,
TRB Realty

Northbridge, MA On behalf of J&N Whitinsville Trust, TRB Realty has closed the $2,999,999 sale of Town Plaza, a fully occupied, 31,745 s/f retail strip plaza on 8.56 acres of land with pylon signage and abundant off street parking. 

According to TRB president, Thomas Blakely, CCIM, “It was a pleasure to exclusively represent ownership in the sale of Town Plaza. For many decades, the property has been a stable, well performing asset, and the future appears very bright for Town Plaza and its new owner.” 

“Once again, TRB Realty has come through for us. Tom’s thoroughness and professionalism are exemplary. When on an assignment he takes the time to understand the property, the market, identify the potential buyers and see the transaction through to the closing,” said Lou Vinios of JPA Management LLC. 

TRB Realty was the sole broker in the transaction.

MORE FROM Brokerage

Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons

Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
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.