News: Brokerage

Valenti and Calabrese of R. Calabrese Agency complete $2.425 million

Hadley, MA Tony Valenti and Ralph Calabrese of the R. Calabrese Agency, LLC of Waterbury, Conn. completed the sale of a net ground lease for a  Texas Roadhouse restaurant located on Rte. 9 (Russell St.).  Texas Roadhouse, Inc. is a public company with over 450 restaurants in 49 states, as well as in 4 countries internationally.  The 7,160 s/f building on 2 acres is situated at a signalized intersection at the entrance to a Lowe’s Home Improvement store.

The restaurant’s location on Route 9, a heavily traveled corridor, provides convenient access to the Texas Roadhouse from a strong market with a trade area including such retailers as; Walmart, Whole Foods, Old Navy, Marshals, Bed Bath and Beyond, and other recognized retail.

MORE FROM Brokerage

Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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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.
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