News: Brokerage

William Tedeschi, Sr., 89

William Tedeschi Sr., one of the founders of Tedeschi Food Shops, died on March 6th at the age of 89. In 1946, Tedeschi, his father Angelo, three brothers, and brother-in-law started Tedeschi Supermarkets on the South Shore and Cape Cod. In 1961, the chain was sold to the Stop & Shop Supermarket Co., two years later the family started Angelo's Supermarket. Tedeschi became the vice president and general merchandise buyer of the chain's 20 locations in southeastern Mass.
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Horvath & Tremblay sells Trader Joe’s in Shelton for $7,882,639

Shelton, CT Bob Horvath, Todd Tremblay, Matt Nadler and Jack Laurendeau of Horvath & Tremblay have completed the sale of Trader Joe’s. Horvath & Tremblay exclusively represented the seller and brought the buyer to complete the transaction at a sale price of $7,882,639 which represents a 4.95% Cap Rate.
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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

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