Brett Sherman, CCIM, senior vice president of Angel Commercial L.L.C., a Fairfield-based commercial real estate brokerage firm, announces the lease of 1,816 s/f at 623 Post Rd. to sweetFrog L.L.C., a Virginia-based frozen yogurt company.
623 Post Rd., marks the second sweetFrog location in Connecticut, the first in Glastonbury. With over 100 sweetFrog stores operating in over 15 states, and 1 international location in South Korea, SweetFrog is one of the fastest growing brands of premium, all natural, self-serve yogurts with plans to open 180 stores within this year alone.
Jennifer Gallan and James Leary, owners of sweetFrog in Westport, said, "We are looking forward to becoming part of the Westport community and working with the PTA, Westport schools, senior groups and other communitity organizations."
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
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.