News: Brokerage

New England Retail Properties leases 38,600 s/f at Colonial Plaza

New England Retail Properties, Inc. of Wethersfield finalized two leases at the Colonial Plaza Shopping Center. The newest tenants will be Family Dental Center, a 4,100 s/f Boston-based 17 office dental chain which was represented by Brian Zelman of ERA Broder Commercial of West Hartford, and Red, White & Blue Stores, a Calif.-based thrift store which leased 34,500 s/f and was represented by Toby Brimberg of O,R&L of Branford. Matt Halprin and Nelson Pickering of New England Retail Properties, Inc. exclusively represented the landlord, Thomaston Avenue Associates of Fairfield. Red, White & Blue Stores was founded more than 30 years ago and partners with the Vietnam Veterans of America with locations in Ore., Calif. Fla., Penn., N.J. and Mich. This will be its first New England location. Colonial Plaza has other national tenants including Dunkin' Donuts and Wendy's and consists of 220,000 s/f on the West End of Waterbury.
MORE FROM Brokerage

Lessons from the Field: Relationships, risk and a $200,000 mistake - by Daniel Gardner

In this column, I want to discuss a basic principle of building relationships, then share a few lessons I’ve learned along the way. I call it Social Energy. The concept is simple: surround yourself with successful people, develop relationships, and participate in activities that put you in the same circles as the people you want to do business with.
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.