Devino and Felt of SullivanHayes Companies broker $280,000 sale
Pamela Devino and Jeremy Felt of SullivanHayes Companies in Farmington, recently brokered the $280,000 sale of a .34 acre parcel at 1146 Farmington Ave. (Rte. 6). The site contains the former Taco Bell building and is located directly across the street from Home Depot.
Devino and DJM Asset Management of Melville, NY represented Yum Brands, the seller, and Felt represented the buyer, Nutmeg Burger Corp. on behalf of Checkers Restaurants. The existing building is being remodeled and a late January opening is projected. This location will be the first Checkers in Connecticut.
Headquartered in Tampa, Fla,, Checkers Drive-In Restaurants, Inc. is one of the largest chains of double drive-thru restaurants in the U.S. The company operates more than 815 Checkers and Rally's restaurants in 28 states and the District of Columbia with restaurants also operating in Israel and American Samoa. They specialize in hamburgers, hot dogs, french fries, and milkshakes.
What projects, initiatives, or types of work have been keeping your team busiest during the first half of 2026? With the ever-rising cost of real estate, it tends to push regular maintenance of the roofs into the “deferred maintenance” category. This, overall, lessens the value of a purchase on the buyer’s side as well.
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.