News: Brokerage

GVA Williams of Conn. arranges 1,100 s/f lease for Classic Cuts

GVA Williams of Conn. signed a 1,100 s/f lease at 396 Greenwich Ave. for Classic Cuts.  Co-owned by John and Tony Merrola, brothers, they grew up in the family business, Subway Barber.  Subway was founded by their father, Giuseppe Perrola, in 1974.  Classic Cuts opened recently. The challenge for the family, with such a long Greenwich tradition, was to find affordable space.  According to Ron Brien, the GVA Williams broker who represents the brothers, "Taking a second floor location with great street visibility enabled Classic Cuts to move closer to the heart of the avenue, but a lower rent." "We're excited about the space," said Tony Merrola.  "We're in the middle of all the action in Greenwich, close to the train, offices, and stores." Classic Cuts will feature special chairs for children in the shape of cars and airplanes.  They will also serve coffee and espresso. Classic Cuts will be open five days a week, closed Sundays and Mondays.  "GVA was pleased to help the brothers fulfill their dream," said Brien.  "This was their big move to own and manage their own 'classic' barber shop."
MORE FROM Brokerage

Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons

Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

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.
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.