GVA Williams signs 1,705 s/f lease for Dunkin' Donuts at Lincoln Sq.
GVA Williams signed a 1,705 s/f, ten-year lease for Dunkin' Donuts in Lincoln Sq. on Berlin Rd. The store plans to open in July.
According to Stacy Libby, one of the GVA Williams brokers that represented the landlord, "Dunkin' Donuts had a store located in Stop & Shop. The move to the morning commute side of Rte. 372 will provide significant upside for them. It will also generate a lot of traffic for the center."
Lincoln Sq. is a 9,700 s/f retail center that currently contains Sherwin Williams and Cort Furniture.
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.