Fredette of KW Commercial NH brokers 3,100 s/f retail lease
KW Commercial NH has brokered a new 3,100 s/f lease of prime retail space at 189 South River Rd. located directly across from the Manchester Country Club.
Ron Fredette, director of KW Commercial NH, represented the tenant, and Chris Riley represented the landlord/owner, Riley Enterprises.
The property generated a high level of interest due to its location and traffic count. South River Rd. is experiencing extraordinary growth with a growing national retail presence, highway-bridge construction and roadway access to the Manchester Boston Regional Airport.
The new tenant, Willow Salon & Day Spa, will now operate an upscale spa inside a renovated 1867 home. Retaining the historic and architectural charm Bedford is known for, waiting clients will be served with mahogany/granite styling stations, exposed beam ceilings, and a client lounge.
The full service day spa will be offering facials, pedicures, waxing, massage, barbering and hair styling services.
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.