Manhattan real estate investor active in CT pays $1.5M for North Haven site, plans new 7-Eleven prototype store
A Manhattan-based real estate investment group deeply invested in Connecticut recently paid $1.5 million for a 1.6-acre North Haven site where it plans to construct a building for a 7-Eleven. Krown Point Capital bought the vacant property at 413 Washington Ave., along the busy and heavily developed Route 5 corridor, in a deed recorded Oct. […]
‘A resource for all of Montana’: Montana State chosen as ‘on-ramp’ to defense department projects
BOZEMAN — The U.S. Department of Defense recently named Montana State University a Defense Innovation Unit OnRamp Hub, a designation that will bring the university’s cutting-edge facilities and highly trained researchers together with companies to scale up technologies for use in defense projects. The DIU works with companies and universities to rapidly field technologies for national […]
Charter Realty drives 67,000+ s/f of retail leasing activity at Southend Hoboken
Hoboken, NJ Charter Realty is driving significant leasing momentum at Southend Hoboken (38 Jackson Street), a new, distinctive mixed-use development. The project combines 110 residential condominium homes, known as Southend Lofts, 50,000 s/f of commercial space, and 50,000 s/f of ground-floor retail, creating a live-work-play environment in one of the region’s fastest-growing neighborhoods. Condominium sales have […]
Nana’s Dim Sum & Dumplings Opening in Southwest Hoboken
A restaurant that has rapidly expanded since launching just about two years ago will be opening inside one of Hoboken’s newest developments, as Nana’s Dim Sum & Dumplings has signed a lease to open on Jackson Street. The dim sum-style eatery will be setting up shop on the ground floor of Southend Lofts, an adaptive reuse […]
Zelco Properties-led team buys High Ridge Shopping Center for $62 M
STAMFORD – Zelco Properties & Development, the development and acquisition arm of Westport-based Charter Realty, has purchased the High Ridge Shopping Center for about $63 million, according to city property records. Zelco, along with an unnamed institutional real estate private equity firm and an operating partner focused on acquiring and repositioning retail real estate, recently […]
Former K-Mart Site in Bozeman to Become Major Mixed-Use Development
Mixed-use complex will span from 7th Avenue to county fairgrounds BOZEMAN — A long-vacant lot near Interstate 90 will be transformed into one of Montana’s largest mixed-use developments, with groundbreaking scheduled for 2026. The project, called Bozeman Square, will span 31 acres from the former K-Mart site on 7th Avenue east to the Gallatin County […]
Zelco Properties, AGW Partners Acquire Retail Portion of Mixed-Use Development in Suburban Boston
Belmont, Mass. — Zelco Properties & Development, in partnership with AGW Partners, has acquired the retail portion of the Bradford, a newly constructed, 184,000-square-foot mixed-use development located in the western Boston suburb of Belmont. The Bradford comprises 115 luxury residential units across three buildings, along with 34,000 square feet of ground-floor retail. The acquisition includes multiple retail […]
Charter Realty Adds State Rep. Wood as Vice President
WESTPORT – State Rep. Kerry Wood, who has more than 20 years’ experience in commercial real estate, has joined Charter Realty as its next vice president. Wood, a Democrat from Rocky Hill, recently worked at New England Retail Properties in Wethersfield. Her brokerage experience began at a boutique firm in Westport, followed by positions at […]
Club Studio to open at 699 Canal St. in Stamford
STAMFORD — Club Studio, the elevated fitness concept from LA Fitness, has signed a lease for approximately 37,500 square feet at the former Fairway Market site at 699 Canal St., according to Charter Realty. The lease marks a major milestone in the repositioning of the 86,000-square-foot building, which has remained vacant since 2020. The former […]
Filling in the Missing Pieces in Shopping Centers
Dan ZelsonPrincipal and founder, Charter Realty and Zelco Properties & DevelopmentAge: 58Industry experience: 37 years Westport-based Charter Realty is mapping out growth strategies in retail real estate from New England to Montana. Founded in 1988 by Dan Zelson, the company specializes in tenant and landlord brokerage representation. Its sibling company, Zelco Properties & Development, specializes […]