News: Retail

RHYS Commercial leases 2,350 s/f to Burgers, Shakes & Fries

Burgers, Shakes & Fries (BSF), will soon be opening its first full service restaurant offering table service in addition to its traditional bar/counter business. The new 2,350 s/f space will be the eatery's second restaurant in Fairfield County, following the success of its original 20-seat Greenwich location. Jon Sabrowski, principal and executive vice president at RHYS Commercial, was the sole broker involved in the transaction, representing the landlord, 800 Post Road LLC, in the 10-year retail lease deal. BSF expects to open its new restaurant this summer, reflecting a large influx of dining options that have opened recently on this retail corridor despite the economic downturn. Among the new dining choices are Italian eatery Cava Wine Bar, American bistro The Goose, and several chains like Planet Pizza, Tasti-D-Lite and Chipotle Mexican Grill. "Thanks to its highly visible location on a main thoroughfare in Darien, we received four offers within weeks of this space becoming available," said Sabrowski about restaurant space, which was formerly Bruegger's Bagels. "Coupled with a recent boom in burger popularity, Burgers, Shakes & Fries should see excellent traffic at this prime location." BSF is the brainchild of Cornell graduate and 15-year hospitality veteran, Kory Wollins, whose mission was to provide his customers with, "great food, great prices and a fun, funky atmosphere."
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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

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