Fellah and Wood of HK Group close two deals totaling 3,328 s/f
Main Ave. in Norwalk is home to millions of s/f of office space. Dunkin' Donuts has leased a former Taco Bell space, complete with a drive-thru, at 470 Main Ave. Franco Fellah and Kerry Wood of HK Group brokered the deal between the landlord and franchisee for this 2,000 s/f space.
Fellah and Wood also leased 1,328 s/f at 235 Post Road West in Westport to stylist Jessica Ryan. Ryan is moving her business from the Saugatuck area to this space which will give her a strong presence on the Post Rd.
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.