Steve Becker, Broker at New England Retail Properties, Inc., has brokered a deal on the expansion of the Aldi Supermarket on Foxon Boulevard at 466 Foxon Boulevard in New Haven, Connecticut. Aldi is expanding their current store by 3,253 square feet. Aldi is joined in this shopping center with AutoZone and TD Bank. Construction on this project is now under way.
ALDI, one of America’s favorite grocers, operates more than 1,600 stores in 35 states. They take a simple, cost-effective approach to grocery shopping that saves shoppers on their grocery bills. In fact, smart shoppers have found that switching from national brands to ALDI exclusive brands can save them up to 50 percent on their weekly must-haves. Aldi customers benefit from the ALDI streamlined approach, bringing shoppers the highest quality products at the lowest possible prices every day.
New England Retail Properties, Inc. was the sole real estate broker involved in this transaction. New England Retail Properties, Inc., located in Wethersfield, Connecticut is a commercial retail brokerage and development firm that has been in business since 1987. They have exclusively represented and developed over 4 million square feet of retail space, along with several national retail tenants in all major markets of New England and parts of New York. They specialize in Retail Shopping Center leasing, investment sales, tenant representation and development. As a member of the national brokers network Site Source, we have affiliated companies throughout the country with coast to coast coverage to provide the highest level of client service in a consistent and professional manner.
For more information on this and other properties represented by New England Retail Properties, Inc., visit our website at www.newenglandretail.com or call (860) 529-9000.