New England Retail Properties negotiates lease for Aspen Dental
On behalf of Aspen Dental, New England Retail Properties, Inc. negotiated a lease for 3,104 s/f in Gateway Plaza.
Conveniently located in a major retail corridor on Deming St. at the intersection of Hale Rd., Gateway Plaza is a 51,472 s/f shopping center anchored by Walgreen's and other retailers include Panera Bread, Fed/Ex/Kinko's, Applebees, Sprint and T-Mobile.
Aspen Dental, based in East Syracuse, N.Y. has in excess of 140 locations. They provide affordable denture and dental care services in addition to cosmetic and general dentistry, hygiene, oral surgery, teeth whitening, fillings, crowns and bridges.
New England Retail Props. is the exclusive tenant representative for Aspen Dental in Conn. and also the exclusive listing agent for the landlord, Redmond Manchester Properties, LLC.
Matt Halprin of New England Retail Props. represented the landlord and Jeff Streett of New England Retail Props. represented the tenant in this transaction.
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.