News:
Brokerage
Posted: December 22, 2011
Witkiewicz of Advance Realty and Smith of George J. Smith & Son broker $1.85 million sale
The Silo Restaurant located at 330 Main St. was recently sold. The sale price was $1.85 million.
The seller was M. F. Santorso and the purchaser was Tucker Farmington, LLC.
The site will be the future home of a CVS Pharmacy.
Nicholas Morizio, SIOR of Colliers International represented the purchaser. DeForest Smith, CCIM, SIOR of George J. Smith & Son, and Joel Witkiewicz, CCIM of Advance Realty CT, LLC represented the seller.
MORE FROM Brokerage
Horvath & Tremblay sells three retail properties in New England for $3.65 million
New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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.
