News: Retail

Fellah of HK Group completes $1.5 million in 3 leases totaling 5,136 s/f

According to HK Group commercial realtor, Franco Fellah, executive vice president, has completed three downtown retail leases totaling 5,136 s/f and an aggregate rental value in excess of $1.5 million. At 14 Post Rd. West, next to the Inn at National Hall, Morelock Antiques signed a 7-year lease for 1,250 s/f of first floor space in this free-standing building. Morelock Antiques moved its store from Old Lyme, Conn., where they have been in business for over 20 years. They also have a Manhattan location. Franco Fellah was the only broker involved in the transaction. The owner of the property is Antares, NH, LLC in Stamford. At 135 Post Rd. East DSenses, LLC assigned its 1,886 s/f lease to Victoria Farrell of the Perfect Piece, who moved her business to Westport from Newburyport, Mass. Perfect Piece sells lines of high-end furnishings and outdoor household items. Franco Fellah represented DSenses, LLC, the previous tenant, and Comu Westport, LLC, owner of the property, in this transaction. At 141 Post Road East, And Company, Inc. signed a 7-year lease for 2,000 square feet of retail space. And Company has two established stores on Washington Street in South Norwalk; one of which sells fine linens, table top items and home furniture, the other one sells clothing. Franco Fellah represented Comu Westport, LLC, owner of the property, in this transaction.
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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.
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.
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.