News: Retail

Amodio & Co. Real Estate brokers $1.1 million sale of restaurant building

Amodio & Co. Real Estate brokered the $1.1 million sale of a 6,248 s/f restaurant building on 2 acres at 354 Colt Highway. Exclusive listing broker, Amodio & Co. Real Estate represented the sellers, Mary Deperry and John Tuffy. Coldwell Banker represented the buyers, Lazaros Saltourides and Efthymia Saltourides. The building is located at the intersection of CT Rte. 6 and Fienemann Rd. with close proximity to I-84 via two exits. The property also benefits from its walking distance to Farm Springs Rd. and the new headquarters of UTC, United Technologies Corp. The property, formerly called The Stonewell restaurant, was the original and well-known Stone Haven. The new owners, who are experienced restaurateurs with corporate experience as well, plan many changes and improvements to the property, which will undergo reconstruction in the coming months according to the buyers. The new restaurant will be called Five Corners Bistro. Amodio & Co. Real Estate is a commercial real estate firm, which handles all aspects of real estate including brokerage, financing, and development of commercial property.
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Columns and Thought Leadership
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.

Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.