Charter Realty & Development leases 5,408 s/f to Anytime Fitness
Charter Realty & Development has arranged a 5,408 s/f lease for Anytime Fitness located in the Capitol Shopping Center. Anchor tenants in the center include Shaws Supermarket, Big Lots, Dollar Tree, Lamey Wellehan Shoes, Applebee's and Aspen Dental.
Anytime Fitness is a health and fitness club, which was founded in 2002. There are currently 1,965 clubs operating in the United States, Canada, Ireland, The Netherlands, Poland, Spain, The United Kingdom, Australia, New Zealand, and Qatar. Clubs are opened 24 hours a day, 365 days a year.
Charter Realty & Development Corp. is a real estate company devoted to activities associated with the shopping center industry. It's operating area is primarily the East Coast of the United States. Charter Realty & Development owns or operates more than 70 shopping centers 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.
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.