News: Shopping Centers

Curley and Ehmann collaborate for $3.4m

According to Coldwell Banker Commercial Prime Properties, a 38,000 s/f shopping center has recently traded for $3.4 million. The center is located at 5 Maple Rd. Tenants include a Nichols's Shop 'n Save (recently purchased by Hanaford Bros. of Me.) Key Bank, along with five other smaller tenants. Todd Curley a broker at Coldwell Banker represented the buyer, a Brooklyn investment group. Paul Ehmann, also of Coldwell Banker, represented the seller, 5 Maple Rd. Realty Co. This sale was conducted in an off-market transaction.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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