News:
Brokerage
Posted: December 22, 2011
Lang McLaughry Commercial leases 2,500 s/f
Bruce Waters, CCIM, senior broker for Lang McLaughry Commercial, negotiated a long-term lease between Sally Beauty Supply, Inc., owners/operators of Cosmo Prof, tenant, and Peter Johnson Building Supplies, Inc., owners/operators of the Staples Plaza.
The new store is 2,500 s/f and Cosmo Prof will join other plaza tenants such as Pier 1, Staples, Sleepy's Mattress, Lindt Chocolate and Encore Books.
After minor renovations by both the landlord and tenant, the new store will open in early 2012.
Assisting Lang McLaughry was Lerner Real Estate Group, LLC, representing the tenant.
MORE FROM Brokerage
Saugatuck Commercial Real Estate secured two new retail locations for Kneads Bakery Cafe in Fairfield and Greenwich, CT
Fairfield, CT Saugatuck Commercial Real Estate (SCRE) has secured two new prime retail locations for Kneads Bakery Cafe in Fairfield and Greenwich, CT. The multi-city expansion marks a major milestone in the long-term partnership between SCRE and the growing artisanal brand.
Columns and Thought Leadership
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.
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.
