News: Brokerage

Press/Cuozzo Realtors completes 7,460 s/f lease renewal in Hamden

According to Stephen Press, SIOR of Press/Cuozzo Realtors, the firm has renewed the lease of 7,460 s/f at 940 Sherman Ave. The tenant, WOOF, Inc., operates "The Barking Lot" that offers doggie daycare, overnight sleepovers and training. Stephen Press, SIOR represented the tenant and Joel Nesson, MBA represented the owner, WTE 940 Whitney, LLC.
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Saugatuck Commercial Real Estate secured two new retail locations for Kneads Bakery Cafe in Fairfield and Greenwich, CT

Fairfield, CT Saugatuck Commercial Real Estate (SCRE) has secured two new prime retail locations for Kneads Bakery Cafe in Fairfield and Greenwich, CT. The multi-city expansion marks a major milestone in the long-term partnership between SCRE and the growing artisanal brand.
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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.