Angel Commercial leases 3,000 s/f of flex space to El's Kitchen located at 300 Benton Street, Stratford, Conn.
Gluten free snack food manufacturer, El's Kitchen, will be expanding from their Weston, Conn. location into 3,000 s/f of flex space at 300 Benton St.
Presently, part of the production process is outsourced due to the Weston space limitations. 300 Benton St. will give El's Kitchen the room to have all the manufacturing and distribution under one roof. The 3,000 s/f of leased space is currently undergoing extensive construction to cater to the company's specific kitchen requirements. El's Kitchen is planning to be fully operational during the fall.
Jon Angel, president of commercial real estate company, Angel Commercial L.L.C. assisted Eleanor Smith, in her search for a suitable site. "El wanted to be in Stratford, with easy access to I-95. The 3,000 s/f of this 11,184 s/f building gives El the room now with the potential for growth in the future," said Angel, who represented both the landlord and the tenant in the lease transaction.
This shift from transaction-driven to release-driven regulation is already influencing how buyers, sellers, and developers evaluate environmental risk. Under the CPTP framework, environmental obligations were often triggered solely because a qualifying property changed ownership. The result was that many transactions became bogged down by environmental compliance requirements that had little relationship to current environmental risks.
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.