News:
Brokerage
Posted: June 28, 2019
Vidal Wettenstein sells 484 Boston Post Rd. for $1m to Furniture Depot
Vidal Wettenstein, LLC
Orange, CT Vidal Wettenstein, LLC has sold 484 Boston Post Rd. to Furniture Depot. The Boston Post Rd. Orange/Milford corridor is known as the “Retail Miracle Mile,” with most major and local retailers represented.
The 10,000 s/f building’s central location on the Boston Post Rd. met Furniture Depot’s requirements for a location into the area’s marketplace.
With stores in Mass. and R.I., Connecticut’s location fits well into the company’s growth plan.
Randy Vidal negotiated the $1 million purchase.
MORE FROM Brokerage
Kelleher & Pentore of Horvath & Tremblay sell two multi-family props. for $13.7 million
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.
