News: Retail

Royal Properties named exclusive broker for two centers in Shelton; Shelton Town Center and Crown Point Center

Royal Properties, Inc. has been retained to exclusively represent two centers. Shelton Town Center is located at 350 Bridgeport Ave. Located off Exit 13 on Rte. 8, this newly developed shopping center includes tenants such as Planet Pizza, Hertz, Draft House, Blue Lotus Nail Spa and Linda's Liquors and Wines. Shelton Town Center has excellent visibility and provides a large parking area. Traffic counts along Bridgeport Ave. average 18,000 vehicles per day. There is currently 1,685 s/f available for lease. Crown Point Center is located at 484-514 Bridgeport Ave. This highly visible center includes tenants such as Starbucks, Verizon Wireless, The UPS Store, Sprint, Subway, Dunkin' Donuts, Wendy's, Enterprise Rent-A-Car and many more. Crown Point Center is conveniently located in the middle of Shelton's retail corridor. There is currently 1,953 s/f and 2,566 s/f (can be sub-divided) available for lease. The spaces can also be combined. Royal Properties, Inc. is a retail brokerage, property management, and consulting company specializing in the placement of retailers throughout N.Y., N.J., & Conn.
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Columns and Thought Leadership
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.
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.
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.