News:
Brokerage
Posted: January 27, 2011
Unison Realty Partners acquires 101,000 s/f Wareham Plaza
On January 14, Unison Realty Partners acquired Wareham Plaza, a 101,000 s/f grocery anchored shopping center, from Goldstein Associates.
"We are extremely pleased to enhance our retail real estate investment platform with the acquisition of a 3rd shopping center since our inception in 2010. Wareham Plaza contributes positively to our existing portfolio of shopping centers with a high volume grocery store, several other national credit tenants, and significant value yet to be realized. We will strive to make a positive contribution to the community and serve our tenants the best we can," said Karim Fadel, president of Unison Realty Partners. "The strategic location on Marion Rd., the quality of the tenant mix and the pristine property condition are among many factors which contribute to the desirability of Wareham Plaza."
Wareham Plaza includes a newly renovated Shaw's Supermarket, a drive-thru pharmacy operated by Rite Aid, Aubuchon Hardware, Familly Dollar, Supercuts hair salon, and several local retailers. There are currently no vacancies.
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
Quick Hits
Columns and Thought Leadership
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
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.
