News: Retail

RHYS Commercial completes 16th lease on behalf of Pet Valu

RHYS Commercial, a full-service commercial real estate firm, has signed its 16th lease on behalf of Pet Valu, a specialty retailer that sells high-quality pet supplies, with an additional six locations in progress including four in Rhode Island. RHYS partner and head of retail leasing, Jason Wuchiski, and vice president Tyler Lyman, have been working to introduce Pet Valu into new U.S. markets since March 2013. RHYS is currently looking to secure new Pet Valu locations in Connecticut, Rhode Island and Westchester, Rockland, Orange, Putnam and Dutchess counties in New York and will serve as the retailer's exclusive broker moving forward. "Our team at RHYS has worked diligently with Pet Valu from beginning to end to open each new location," said Wuchiski. "We provide a comprehensive service - from researching markets, presenting a development plan and executing leases - in order to secure the best possible sites for this brand." Pet Valu opened its first Connecticut store on April 16, 2013 at Copps Hill Plaza on Danbury Rd. in Ridgefield and the organization currently holds leases in Stamford, Norwalk, Trumbull, Old Saybrook, Vernon, Darien, Guilford, Newington, Southbury, Cromwell, West Harford, Avon and Rye Ridge, N.Y.
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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.

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.
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.