News: Retail
Posted: September 26, 2007
Coldwell Banker Scalzo Group brokers 11,000 s/f retail lease to USA Baby
USA Baby signed a long term lease for 11,000 s/f of retail space at 117 Old State Rd. Paul Tolk of Coldwell Banker Scalzo Group represented both the owner of the building, Heritages Partners, and the tenant, USA Baby. The long term lease valued at over $2.5 million includes a major renovation of the first floor facing Federal Rd., Rte. 7. The area of Brookfield on the Danbury boarder, referred to as the miracle mile, includes major retailers such as Lowes Home Improvement, Stew Leonards, Best Buy, Circuit City, Home Depot, Linens 'N Things, Bobs, Raymour Flanigan, Michaels, Office Max, TJ Maxx, CVS, Kohls and Costco. USA Baby began operations in 1975 with founder Alan Levine selling baby furniture door to door. The Brookfield location is slated to open this fall.
Tolk has been one of Coldwell Banker's top producers winning the number one ranking in the North East in 2005 and number 5 in the country.
Tolk is now working as vice president with Eagle Realty LLC.
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