White of CBRE Portsmouth arranges $625,000 sale of 2,117 s/f retail condo.
Kent White of CB Richard Ellis's Portsmouth office has negotiated the investment sale of a 2,117 s/f retail condominium at the Worth Block in downtown for $625,000. Pesce Blue currently occupies the property.
White represented the seller Worth Development Corp. and Kurt Schneider of D.D. Cook Real Estate Inc. represented the buyer OAL Properties, LLC in this transaction.
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.
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.
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.