News: Brokerage

Witkiewicz of Advance Realty sells 4,800 s/f for $300,000 in Bristol

A 4,800 s/f commercial building located at 461 Broad St. has recently sold for $300,000. The retail building consists of two economic units and is located on a .50 acre lot. J. & A.M. Sokolowski were the sellers and Desmarais Properties, LLC was the purchaser. Joel Witkiewicz, CCIM of Advance Realty CT, LLC was the sole real estate broker in the transaction. Advance Realty, LLC will be representing the new owner in leasing the property.
MORE FROM Brokerage

Horvath & Tremblay sells Chipotle, Five Guys and Aspen Dental in Mansfield, CT for $5.827 million

Mansfield, CT Bob Horvath, Todd Tremblay and Matt Nadler of Horvath & Tremblay have completed the sale of a three-tenant retail center. Horvath & Tremblay exclusively represented the seller and brought the buyer to complete the transaction at a sale price of $5.827 million.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.
End of the year retail thoughts - by Carol Todreas

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.