Author Archive: clangan

Putnam Bridge Plaza is a well-positioned retail center located along the East Hartford/Glastonbury town line, just off of the highly trafficked Route-3 and Route-2 junction. This vibrant shopping center is anchored by Shop Rite, providing steady traffic and excellent visibility to local businesses. The plaza benefits from high daily traffic counts, with over 15,600 vehicles passing by daily, making it a prime location for retailers looking to tap into a thriving consumer base.

New England Retail Properties, Inc. is proud to present the opportunity to acquire 790-800 North Colony Rd, a 4.385 acre, multi-tenant property located on Route-5 in Wallingford, CT. The property consists of two freestanding buildings that are 100% leased with long term NN leases, renewal options and rental increases. The Tractor Supply Co. building (built in 2018) consists of 19,097 SF with a 15,000 SF outdoor display area. The Priority Urgent Care building (built in 2023) consists of 3,000 SF.

WEST HARTFORD — The former CVS in West Hartford Center has sold to Market Hospitality Group for $5.25 million and will be turned into an “upscale” restaurant. The announcement of the sale by New England Retail Properties comes a year after the pharmacy closed.

CVS announced it was closing the store last year, saying that factors for the closure included “local market dynamics, population shifts, a community’s store density, and ensuring there are other geographic access points to meet the needs of the community.”

The buyer of the 9,100-square-foot property at 978 Farmington Ave. is described as “a leading operator of upscale dining establishments throughout the Northeast,” already operates eight “unique dining concepts,” including Mercato, Blu Pointe, Beso Taco Bar, and Market Place, which already has Connecticut locations.

The release didn’t state whether the CVS would become one of the restaurant’s [...]

Staples Plaza is a well-positioned retail center located along the highly trafficked Route-5/North Colony Road, one of Wallingford’s busiest commercial corridors. This vibrant shopping center is anchored by Staples, providing steady traffic and excellent visibility to local businesses. The plaza benefits from high daily traffic counts, with over 15,000 vehicles passing by daily, making it a prime location for retailers looking to tap into a thriving consumer base.