According to Michael Sarasin and Richard Giveans of Windsor based Northeast Retail Leasing and Management Company, LLC, the firm has recently completed 4 leases totaling 60,000 s/f at School Street Square Shopping Center.
Sarasin said leases are signed with O'Reilly Auto Parts, Cardia Express, Grossman's Bargain Outlet and Dunkin' Donuts for the former unanchored and over 50% vacant community strip center built in the 1960s and renovated in the 1980s for the Big Y tenancy. Giveans noted that the tenants recognize the center offered excellent highway access and a densely populated trade area otherwise, underserved in the northern half of East Hartford.
In addition to leasing, Northeast managed the entitlement process, design and construction necessary to secure the new tenancy and to make the property competitive among retailers and attractive to the dense residential population surrounding the site.
With few remaining vacancies the Northeast team is working with potential grocery stores. Other national/regional tenants at School Street Square include Rainbow Apparel, Rent A Center, Family Dollar, Subway, First Choice Health, Superior Liquors, as well as other small retail tenants.