News:
Brokerage
Posted: July 23, 2015
Valenti and Calabrese of R. Calabrese Agency lease 3,000 s/f
Tony Valenti and Ralph Calabrese of the R. Calabrese Agency, LLC completed the lease of 3,000 s/f of retail space located at 832 Queen St. to Noodles & Company.
Noodles & Co. celebrated the grand opening of their third restaurant in Connecticut on June 28th. Noodles menu offers a healthy dining alternative featuring the world's favorite noodle dishes, as well as sandwiches, salads and soups.
Noodles & Co.'s two other locations are in West Hartford and Glastonbury, CT. The R. Calabrese Agency, LLC represented the landlord, West Queen Developers, LLC. Hartford Noodles, LLC, the Noodles & Co. franchisee was represented by Brian Zelman of Zelman Real Estate Brokerage, LLC.
The R. Calabrese Agency, LLC is a full service commercial real estate Brokerage Company specializing in retail sales and leasing, hospitality, food and beverage as well as investments.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
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
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.