New Street Realty Advisors leases 6,058 s/f to Priscilla of Boston
New Street Realty Advisors, LLC brokered the long term lease transaction between Wilcon Holdings, LLC, the owners of 289 Greenwich Ave. and Priscilla of Boston, Inc. The space, which is 6,058 s/f, was formerly occupied by Best & Co. and is situated on the northeast corner of Greenwich Ave. and Bruce Place, in the heart of the Greenwich downtown. Priscilla of Boston anticipates opening its latest bridal boutique in the winter of 2011.
Matthew Gorman and Joshua Gettler, managing partners of New Street Realty Advisors, acted on behalf of Priscilla of Boston. Cory Gubner and Dominick Musilli of RHYS Commercial represented the landlord.
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.
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.