Royal Properties brings Comcast to Derby, CT

Derby, CT According to Royal Properties, Inc., Comcast signed a five-year lease for 2,477 s/f at ShopRite Shopping Center, 49 Pershing Dr.

“We are thrilled to bring a Comcast retail store to the Derby market, it’s an excellent addition to this center, benefiting from the high traffic of ShopRite Supermarket, as well as 22,000 cars per day along Pershing Dr.,” said Jeff Kintzer, principal of Royal Properties, who represents the landlord. CBRE represented the retailer in this transaction.

ShopRite Shopping Center is a 125,000 s/f shopping center with on-site parking.

This center is anchored by ShopRite, which is the #1 supermarket in the area and draws over 35,000 customers per week. Comcast will join co-tenants including Wing Stop, Sally Beauty, Great Clips, Advance Auto Parts, Angel Tips, Dr. Dental, Liberty Bank and more. Neighboring retailers include Home Depot, Stop & Shop, BJ’s, ALDI, Target, Big Y, Marshalls, Planet Fitness, Dunkin’ and many more.

Tags: Brokerage Retail

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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

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.

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