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

Bradley of Horvath & Tremblay handles $9.5m Belmont Portfolio sale

Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
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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.