Boylston Realty named agent for 50,000 s/f Walnut Place Shop. Ctr.
Boylston Realty Advisors was recently appointed to represent the owners of Walnut Place.
Walnut Place Shopping Center is a 50,000 s/f Applebee's anchored retail center located on Rte. 1 with direct access via the Walnut St. crossover. The façade is being totally redesigned and renovated by Channel Building Company and is expected to be completed soon, giving Walnut Place a new shopping center appearance.
The center has both in-line and end cap spaces available, with the end-cap offering direct exposure to over 104,000 vehicles per day. Boylston Realty is currently seeking tenants looking for 1,400 to 12,000 s/f of space. The 2.5 acre parcel for development offers direct access to Walnut St., and there are plans to rework that access by installing a traffic signal and modifying the roadway.
Along with Applebee's, Walnut Place tenants include national brands such as AAA, Weight Watchers and H&R Block.
Westport, CT Saugatuck Commercial Real Estate (SCRE)completed the leasing of the boutique retail suite at 24 Taylor Place to medical aesthetics brand JECT. This highly anticipated location marks JECT’s official debut in the Connecticut market.
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.
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.