Coldwell Banker Scalzo Group brokers 11,000 s/f retail lease to USA Baby

USA Baby signed a long term lease for 11,000 s/f of retail space at 117 Old State Rd. Paul Tolk of Coldwell Banker Scalzo Group represented both the owner of the building, Heritages Partners, and the tenant, USA Baby. The long term lease valued at over $2.5 million includes a major renovation of the first floor facing Federal Rd., Rte. 7. The area of Brookfield on the Danbury boarder, referred to as the miracle mile, includes major retailers such as Lowes Home Improvement, Stew Leonards, Best Buy, Circuit City, Home Depot, Linens 'N Things, Bobs, Raymour Flanigan, Michaels, Office Max, TJ Maxx, CVS, Kohls and Costco. USA Baby began operations in 1975 with founder Alan Levine selling baby furniture door to door. The Brookfield location is slated to open this fall. Tolk has been one of Coldwell Banker's top producers winning the number one ranking in the North East in 2005 and number 5 in the country. Tolk is now working as vice president with Eagle Realty LLC.

Tags: Brokerage Retail

Reprint

Previous Story Next Story

O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

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.

Atlantic Capital Partners sells shopping center in Milford for $8m

Horvath & Tremblay completes sale of Walgreens store for $4.9m

Commercial Realty Advisors represents buyer in $1.9m acquisition

Prescott IOS and the Stubblebine Company complete 30,500 s/f on three acres of IOS in a build-to-suit lease at 3 Belcher St., Plainville, MA

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

Metro Walls hires Morissette and Silva on estimating team

Columns and Thought Leadership

End of the year retail thoughts - by Carol Todreas

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.

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.