Royal Properties leases 4,400 s/f to Panera Bread in Norwalk

According to Royal Properties, Inc., Panera Bread has leased 4,400 s/f at The Wal-Mart Center located at 652 Main Ave. This center is anchored with a 120,000 s/f Wal-Mart. Other tenants include Staples, Aspen Dental, Elmer's Wines & Spirits, Vision World and Bank of America. "Panera Bread is a welcomed addition to Rte. 7 and the Wal-Mart Center. There is enormous visibility here with a traffic count of 32,963 cars per day," said Jeff Kintzer, principal of Royal Properties who along with Craig Benson represented the landlord in this transaction. Jason Wuchiski of RHYS Commercial Real Estate represented the tenant. Royal Properties, Inc. is a retail brokerage and consulting company specializing in the placement of retailers throughout New York, New Jersey and Connecticut.

Tags: Brokerage Retail

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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.

Northshore Phoenix High School moves to 10,744 s/f at Cummings Center

Northshore Phoenix High School moves to Cummings Center

Combined Properties leases 18,581 s/f in Centennial Park to HTS Engineering

Combined leases 18,581 s/f to HTS Engineering

Summit brokers freestanding Taco Bell entry into Cape Cod market

NAI Glickman Kovago & Jacobs brokers acquisition of Quarry Square

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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.

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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.