Kintzer of Royal Properties leases 6,400 s/f to Aaron's Inc.
Royal Properties, Inc. leased a 6,400 s/f site to Aaron's, Inc. at the Ansonia Shopping Center on Main St. Aaron's, Inc., a leader in the sales and lease ownership and specialty retailing of residential and office furniture, consumer electronics, home appliances and accessories, has more than 1,800 company-operated and franchised stores in 48 states and Canada, 13 of those are located in Connecticut.
"Aaron's, Inc. is a perfect fit for the Ansonia Shopping Center, a 177,289 square foot center, which is also home to Big Y, Marshall's, Bob's Stores, Rite Aid and many more." states Jeff Kintzer of Royal Properties, Inc., who brokered this deal.
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
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.