NAI Hunneman leases 14,000 s/f to Sport Stop, a sporting goods retailer
NAI Hunneman, a leading provider of commercial real estate services to corporations, institutions and the private market, has brokered the lease of 14,000 s/f to Sport Stop, a sporting good retailer, at Pine Valley Mill at 37 Wilton Rd.
Chip Denton, senior vice president of NAI Hunneman represented the landlord, Milford Center Trust. Bradley Vear of Vear Commercial Properties represented the tenant, Sport Stop, a specialty sporting goods vendor specializing in lacrosse and winter sports merchandise.
The deal for 14,000 s/f of warehouse and retail space at 37 Wilton Rd. allows Sport Stop to accommodate their growing online business.
"The historic Pine Valley Mill provided a perfect space solution for Sport Stop, allowing them to relocate to a larger location while remaining in Milford." said Denton. "We were pleased to find a tenant who was a great match for this unique property."
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.