Witkiewicz of Advance Realty and Smith of George J. Smith & Son broker $1.85 million sale
The Silo Restaurant located at 330 Main St. was recently sold. The sale price was $1.85 million.
The seller was M. F. Santorso and the purchaser was Tucker Farmington, LLC.
The site will be the future home of a CVS Pharmacy.
Nicholas Morizio, SIOR of Colliers International represented the purchaser. DeForest Smith, CCIM, SIOR of George J. Smith & Son, and Joel Witkiewicz, CCIM of Advance Realty CT, LLC represented the seller.
Fairfield, CT Saugatuck Commercial Real Estate (SCRE) has secured two new prime retail locations for Kneads Bakery Cafe in Fairfield and Greenwich, CT. The multi-city expansion marks a major milestone in the long-term partnership between SCRE and the growing artisanal brand.
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.
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.