News: Brokerage

Lindt Factory Outlet stores open for the holidays

Lindt is increasing its presence and making chocolate more widely available to Southern New England chocolate lovers this holiday season at WS Development shopping centers. The Swiss chocolatier began its relationship with New England's premier open-air shopping center developer in the spring with temporary stores at six WS Development locations in Massachusetts, New Hampshire and Connecticut. Lindt opened its seventh Lindt Factory Outlet within the WS Development portfolio last month at The Crossing at Smithfield. All seven stores will remain in place through the holidays. "WS Development shopping centers have proven to be an effective retail partner for our Lindt Factory Outlets," said Bob Pollini, director for Direct-to-Consumer at Lindt. "Our continued presence in their retail centers is a testament to their outstanding commitment to helping our shops succeed." Lindt Factory Outlets, which offer factory outlet pricing at sales up to 70% off, are located at the following WS Development centers: * The Shoppes at Blackstone Valley, Millbury * Seekonk Square, Seekonk * Redstone Shopping Center, Stoneham * Wareham Crossing, Wareham * Meadow Brook Crossing, Amherst, N.H. * The Shoppes at Farmington Valley, Canton, Conn. * The Crossing at Smithfield, Smithfield, R.I. "The partnership with Lindt has been rewarding for both parties," said Michael Campbell, director of business development at WS Development. "The Lindt Factory Outlet stores have been great draws to our shopping centers, and we're excited that Lindt will continue to operate all seven stores with us through the holiday shopping season."
MORE FROM Brokerage

Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million

Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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

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

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.