News:
Brokerage
Posted: October 25, 2012
New England Retail Properties leases 2,090 s/f to Little Caesars
New England Retail Properties, Inc., has leased 2,090 s/f to Little Caesars Pizza Take Out and will be opening at the Colonial Plaza Shopping Center located on Thomaston Ave.
The store will be operated by 8 Slice Enterprises, LLC, an eight store Little Caesar's Franchisee based in Santa Cruz, California. This will be their third Connecticut location. Gloria McMann of Merrigan & LeFebvre Realty, Inc., in Windsor Locks, Connecticut represented the tenant.
Matt Halprin, principal, the exclusive broker for Colonial Plaza represented the landlord, Stop & Shop Supermarkets, Inc. Colonial Plaza consists of 220,000 s/f of neighborhood retail and has many regional and national tenants.
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Quick Hits
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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.
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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.
