Fugitt of Vidal/Wettenstein sells 61 Main St. in Westport for $7.3 million

David Fugitt, SIOR, a partner at Vidal/Wettenstein commercial real estate completed the sale of a downtown retail property. The property is located at 61 Main St. with Chico's as its sole tenant. Main St. is a world-class retail center and home to many of the country's most well-known and admired retailers. The one-story building is 3,400 s/f and the purchase price was $7.3 million. The seller is a family local to Westport and the buyer was 61 Main Street LLC. Fugitt was the sole broker involved in the transaction.

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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.

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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.