Angel Commercial leases 5,003 s/f to My Salon Suite in Fairfield
Jon Angel, president of Angel Commercial L.L.C., a Southport based commercial real estate brokerage firm, executed the lease of 5,003 s/f office space at 427 Stillson Rd. to My Salon Suite.
Currently there are 11 My Salon Suites located in Alabama, Florida, Louisiana and Mississippi with additional salons scheduled to open in Michigan, Arizona and Texas. Fairfield will host the first My Salon Suite in Conn.
427 Stillson Rd. is a 20,860 s/f medical/professional building currently occupied by DaVita Dialysis and Dr. Thomas Braun, DMD. "The space at 427 Stillson Rd. is well suited for the My Salon Suite business model. They will occupy 3,503 s/f on the first floor and 1,500 s/f on the lower level, including a newly built patio area. Extensive renovations are underway and when completed there will be 24 individual suites. 3,397 s/f of additional lower level space remains available," said Angel, who represented the landlord, Stillson L.L.C. in the lease negotiations. The tenant was represented by Adam Klimek of Cushman & Wakefield.
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
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.