News: Retail

Vidal/Wettenstein and Colonial Realty sell 38,000 s/f facility to Nuovo Pasta Productions

Nuovo Pasta Productions of Stratford, has expanded their production operation with the purchase of a 38,000 s/f industrial facility located at 1330 Honeyspot Rd. Extension. The company has a production and warehouse facility on Bruce Ave. and had outgrown the building, limiting their expansion capability. This new facility will allow Nuovo to purchase new equipment and expand their business. Nuovo began in 1989 in a small kitchen with a wooden rolling pin, an imported tabletop pasta machine. The company has grown into a family of culinary trained associates who share in a vision to produce a unique selection of premium pasta and sauces in innovative flavors, colors, and shapes. All fillings at Nuovo are created by hand in the tradition of fine chefs and held to exacting standards that have earned us national awards and critical acclaim at culinary competitions. The company ships its products across America and beyond, filling the needs of discerning chefs, restaurateurs, caterers, and anyone who appreciates a high quality culinary experience. Dave Gorbach, SIOR and partner with Colonial Realty was the listing broker. Bruce Wettenstein, SIOR & partner with Vidal Wettenstein, represented the purchaser. Both Gorbach and Wettenstein are members of the Society of Industrial and Office Realtors (SIOR) the pre-eminant organization comprised of brokers in the commercial real estate field.
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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.
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.
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.

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.