News:
Brokerage
Posted: September 22, 2009
Washington Tr. provides $5.2 million financing for Kingstown Plaza
Washington Trust's Commercial Real Estate Group recently provided $5.2 million in financing to The Kingstown Plaza LP of North Kingstown for the purpose of refinancing current debt on an 88,000 s/f retail plaza and to provide funds for future projects. Current tenants in the plaza include TJ Maxx and Home Goods.
The Kingstown Plaza LP is managed by Louis Grossman, president and treasurer of The Grossman Companies, Inc. The Grossman Companies focus on real estate development, property management, and brokerage, with its primary focus on the New England area.
MORE FROM Brokerage
O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
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.