News: Brokerage

Saugatuck Commercial begins year closing significant transactions

Penny Wickey and Daniel Neaton of Saugatuck Commercial Real Estate of Westport, (SCRE) represented Lemle Bristol, LLC in leasing 48,000 s/f of retail space to Hobby Lobby Stores, Inc. at Bristol Farms Plaza, 1235 Farmington Ave. Hobby Lobby is considered a leader in the arts and crafts industry with over 580 stores across the nation offering more than 67,000 crafting and home decor products. In a separate transaction for office space, SCRE was the exclusive broker representing Resource Systems Group, Inc. (Daversa Partners) in leasing 10,000 s/f at 55 Greens Farms Rd., Westport. Daversa Partners is a recruiting firm that focuses on recruiting and delivering only those elite "C-Suite" individuals who drive growth and results in the technology universe. Daversa Partners is relocating its corporate headquarters from Stamford. SCRE also represented Casual Male-DXL in leasing 8,500 s/f at 1212 Boston Post Rd., Milford for a ten-year term. Casual Male-DXL is new construction located in the center anchored by Old Navy and Bed, Bath & Beyond.
MORE FROM Brokerage

Sullivan & Sullivan Auctioneers bringing Westborough Office Park to foreclosure auction October 23, 2026 at 12PM

Westborough, MA According to Marianne Sullivan, president of Sullivan & Sullivan Auctioneers, her firm will be bringing Westboro Executive Park to foreclosure auction on Friday, October 23, 2026 at 12PM. The offering consists of three buildings on three separate parcels totaling 244,335 s/f of mixed use space on 14.9 acres in the MetroWest Business Corridor.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.