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.
MORE FROM Retail
Quick Hits
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary