According to Colliers International Connecticut, 151 Old Ridgefield Rd., a recently constructed class A mixed-use property in downtown, is 100% leased. The Conservatory of Dance, a private dance studio that offers classes for children and adults, signed a long-term, 3,600 s/f lease for the building's last available space, on the second floor.
"The Conservatory of Dance joins a roster of quality tenants at 151 Old Ridgefield Road, one of the only business locations in downtown Wilton," said Jackie Pinyan-Durels, a senior managing director with Colliers International Connecticut, who leads the leasing efforts on behalf of the building owner, Sun Plaza, LLC.
Designed by local architect Joe Cugno, the 14,450 s/f property is within walking distance to shops, banks and the Wilton Library, and is in close proximity to the Wilton Train Station. The three-story building is handicapped accessible and serviced by an elevator.
Medford, MA Wyzer Biosciences will relocate next month from 85 Bolton St. in Cambridge to Cummings Properties’ Boston Ave. innovation campus. The firm’s new headquarters encompasses 5,800 s/f of administrative and laboratory space. Founded in Cambridge in 2011, Wyzer provides customized, end-to-end DNA sequencing and preparation services for the biopharma, biotech, and academic research sectors.
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.