News: Brokerage

SCRE leases former IHOP building at 520 Post Road East to JETSET Pilates

 

 

Westport, CT Penny Wickey of Saugatuck Commercial Real Estate (SCRE) represented the landlord, French 520 Post Road East LLC, in leasing the former IHOP at 520 Post Rd. East to JETSET Pilates. The former IHOP operated for decades until closing in 2005. 

JETSET Pilates leased the full building and was represented by Lisa Daniel of RIPCO. JETSET Pilates, based in Miami, FL, is a market leader in Reformer Pilates. JETSET Pilates is either open or in development in 100 locations across 20 states. Tenant plans to open mid-summer 2026. 

MORE FROM Brokerage

The Mega Group completes $3.26m sale of 12-unit apartment building

Salem, MA The Mega Group has completed the sale of 10-14 Lynch St., representing the seller, 10-14 Lynch St. Salem Realty Trust and its trustee, Anthony K Paone Jr. of Florida. The subject property is a 11,519 s/f 12-unit brick apartment building with nine off-street parking spaces on a 6,460 s/f corner lot.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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.