News: Retail

GVA Williams arranges $143,500 lease for 4,100 s/f French bakery property

GVA Williams of Conn. acquired a 10-year lease for Isabelle Et Vincent for a 4,100 s/f property at 1903 Post Rd. The property was leased for $143,500. Owner/operators, Isabelle and Vincent Koenig are seventh generation French bakers. "We have found the ideal location in the heart of affluent Fairfield County," said Vincent Koenig, "to recreate our popular Strasbourg Patisserie. We will deliver the same high standards and quality that our families have been producing for generations." Isabelle Et Vincent offers customers the chance to experience handmade chocolates, pastries, ice creams, artisanal breads and specialty cakes for every occasion. After searching for almost two years, the bakery chose this location for its proximity to established customers, visibility and ease of access from surrounding areas. An extensive renovation to the building included new entry, façade, and café-style seating. This is one of the few open bakery/kitchens in the area. According to the landlord's broker, Jon Sabrowski, senior vice president for GVA Williams, "We were enlisted by the owner of this former professional office building to help reposition the asset as a high profile retail and mixed-use building. Upon identifying potential tenants and receiving an enormous amount of interest, Isabelle Et Vincent emerged as a perfect compliment to our existing tenant base. They will certainly add value to this emerging Post Rd. market in Fairfield."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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<br> the First Annual Project of the Year Award! Vote today!

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

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 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