News: Brokerage

Unison Realty Partners buys Hannaford anchored Uxbridge Center for $11.25 million

Unison Realty Partners recently acquired Uxbridge Center, a 75,985 s/f grocer-anchored shopping center for $11.25 million or $147 per s/f. The seller was Woodgreen Management, Inc. "We are extremely pleased to continue the growth of our company with the acquisition of a 4th shopping center in New England since our inception in 2010. Uxbridge Center contributes positively to our existing portfolio with its line-up of strong national credit tenants such as Hannaford Brothers and its tremendous potential value yet to be realized. We will thrive to make a positive contribution to the community and serve our tenants the best we can," said Karim Fadel, president of Unison Realty Partners. Uxbridge Center includes a newly renovated grocery store operated by Hannaford Brothers along with Bank of America, Dunkin' Donuts and Papa Gino's, among others. There were no brokers involved. This was an off-market deal.
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.