New England Retail Props. handles 5,071 s/f lease for Better Bedding
New England Retail Properties, Inc. of Wethersfield has leased 5,071 s/f to Better Bedding. The store is located in the newly constructed Tractor Supply Center, anchored by Tractor Supply Company. The development is 32,000 s/f on Rte. 44 in the heart of the East Putnam retail area, nearby Stop & Shop Supermarket, TJ Maxx and Sears Essentials.
Better Bedding of East Hartford has 26 stores in Conn. and Mass. Better Bedding offers a selection of name brand mattresses like Sealy, Simmons, Stearns & Foster, King Koil, Natural Response, Tempur-pedic and Select Comfort.
The tenant was represented by David Mieczynski of New England Retail Properties, Inc., and the landlord was represented by Mark D'Addabbo of New England Retail Properties, Inc. New England Retail Properties specializes in retail sales for development, lease transactions and retail property sales.
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.