NAI Norwood Group leases 4,000 s/f to Northeast Credit Union
NAI Norwood Group has leased the former Gary Blake Motorcars location at 84 Portsmouth Ave. The 4,000 s/f free-standing building was leased to Northeast Credit Union. John Mueller of NAI Norwood Group represented the owner/lessor, Gary Blake.
The tenant, Northeast Credit Union, is a long-term well respected financial services company that sought a long-term tenancy in a high profile location. The tenant was the perfect tenant to fill the vacancy caused by the recent retraction of the auto sales business.
"In the last 18 months, this is the second property that NAI Norwood Group has represented in which Northeast Credit Union became the tenant. We are happy to help match property owners with excellent tenants," said Sarah Carson, marketing director at NAI Norwood Group.
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.
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.
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.