Charter Realty & Dev. leases 22,500 s/f to Tractor Supply Co.
Charter Realty & Development Corp. has leased 22,500 s/f to Tractor Supply Company in Hooksett Village Shops. This is another in a long line of deals Charter has completed with Tractor Supply.
Tractor Supply Company is one of the largest retail farm and ranch store chains in the U.S. The company operates more than 800 retail stores in over 44 states. Tractor Supply is a leading edge retailer with revenues surpassing $3 billion.
Hooksett Village Shops is a 256,942 s/f center that is also anchored by a Shaw's Grocery store, Ocean State Job Lot and a U.S. Post Office. Hooksett Village Shops is located on Hooksett Rd. - Rte, 3.
Charter currently leases or owns over 14,900,000 s/f throughout the East Coast.
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.
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.