Spectra Realty Advisors brokers ground lease for Restaurant Depot

Waterford, CT Rick Rostoff of Spectra Realty Advisors has represented both the landlord, WS Development Associates, and the tenant, Restaurant Depot, in the signing of a ground lease for the property located at 161 Waterford Pkwy.

Restaurant Depot is constructing a 45,420 s/f store on the 6.12 acre site.

Restaurant Depot currently operates 167 retail stores across the country, including seven stores in Massachusetts and three stores in Connecticut.

Rick Rostoff said “It was a pleasure to complete this transaction with WS Development and such a strong, growing retailer as Restaurant Depot.”

Tags: Brokerage Connecticut

Reprint

Previous Story Next Story

Keogh of 128 CRE facilitates $7.7 million off-market sale of 10.25-acre IOS portfolio in Ayer and Devens to Realterm

Ayer, MA James Keogh of 128 CRE facilitated the $7.7 million off-market sale of two industrial outdoor storage (IOS) properties in Ayer and Devens, Mass., to Realterm. 128 CRE served as the sole broker in the transaction.

DMG Brokerage completes $2.7 million sale of 55 Accord Park Dr.

North Shore Realty Advisors, Inc. sell Emerson Apartments for $6.4 million

Richetelli of Colonial Properties serves as broker in $1.15 million sale of 13,464 s/f investment property

O,R&L Commercial finalizes $6.5m sale of 222 Universal Dr.

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

Press|Cuozzo inks 13,000 s/f long-term lease at North Haven flex building

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

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

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.