Barnes & Noble Coming to Stonebridge Crossing Development
Barnes & Noble bookstore has signed a lease at The Shops at Stonebridge, a new mixed-use development in Cheshire. Charter Realty announced Tuesday that the bookseller will occupy 18,000 square feet, along with other retail tenants Whole Foods Market, TJ Maxx and Chipotle. The retail component of the new development is now more than 85% […]
Zelco Properties, Haverford Retail Partners Acquire 123,000-Square-Foot Retail Center in Guilford, Connecticut
Guilford, Conn. — Zelco Properties, the development and acquisition arm of Charter Realty, and Haverford Retail Partners have acquired Guilford Commons, a 123,000-square-foot retail center located in Guilford. Tenants at the property, which was originally opened in 2015, include The Fresh Market, Michaels, DSW, Ulta Beauty, Panera Bread, MOOYAH, Spavia, Pure Barre and Ivy Rehab. T.J. […]
Charter Realty negotiates 26,112 sf lease for Patidar Supermarket
Woburn, MA – Charter Realty, a full-service commercial real estate brokerage firm based in Westport, CT, has negotiated a new lease with Patidar Supermarket at Commerce Way Marketplace. Patidar, an Indian-specialty grocery store with roots in New Jersey, has signed a lease to occupy 26,112 s/f at the center and is set to open its doors […]
Former Fairway supermarket property in Stamford sold for $23.25M
The former Fairway Market at 699 Canal St. in Stamford has been sold for $23,25,000. The buyer was the V20 group based in Darien. The seller was LoanCore Capital. The 86,000-square-foot property is located in the Harbor Point neighborhood of Stamford. The former supermarket has about 67,000 square feet on the ground floor with about […]
Despite mall struggles, broader retail real estate market sees a post-pandemic rebound
“In-person retail is dead.” That was a refrain shared by some experts during the pandemic, which led to a major uptick in online retail sales as people feared going to brick-and-mortar stores. Even before the pandemic, the rise of Amazon and other e-commerce giants raised questions about the future of in-person shopping. While it’s true some […]
Stamford Health Takes on More Space in Local Healthcare Corridor
Nonprofit Health System’s New Lease Is One of the Largest in Stamford, Connecticut, So Far This Year An independent nonprofit health system, Stamford Health, recently agreed to lease medical and office space in a Stamford, Connecticut, office condo, growing its footprint in the city’s healthcare corridor to 112,059 square feet in a major deal this […]
Charter Realty Hires Former Colliers Exec To Lead New National Investment Sales Division
– Spencer O’Donnell Has More Than a Decade’s Worth of Experience as a Retail Investment Sales Broker Brokerage and advisory firm Charter Realty has created a national investment sales division that will be led by Spencer O’Donnell. O’Donnell, previously an associate vice president of Colliers International, has experience selling single-tenant net lease properties and shopping […]
Madison Realty Capital Provides $97M Construction Loan to Build Hoboken Condos
The Taurasi Group has sealed $97 million of construction financing to build a condominium property in Hoboken, N.J., Commercial Observer can first report. Madison Realty Capital provided the loan on the sponsorship’s redevelopment of a five-story industrial loft building at 38 Jackson Street into a 110-unit condo building with 47,000 square feet of ground-floor retail. The nine-story project […]
MSU ‘Innovation Campus’ eyes future, asks for zoning changes
From the Bozeman Daily Chronicle Developers of the Montana State University Innovation Campus — a 42-acre area for purpose-built facilities for technology, research and other businesses — are asking the city for changes to their underlying zoning. The innovation campus sits between College and Garfield streets near an existing office park off of Technology Boulevard. […]
PZC Approves Stone Bridge Crossing Commercial Applications
Following the Planning and Zoning Commission’s March 13 meeting, the project at Stone Bridge Crossing in Cheshire’s north end is one major step closer to breaking ground, signing tenants, and bringing new commercial energy to a property in town that has been mostly invasive weeds. Despite clearing the regulatory hurdle, Cheshire developer Paul Bowman isn’t […]