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Former gas station in Glastonbury sells for $1M

Zachary Vasile, Hartford Business Journal

A former 7-Eleven gas station and convenience store in Glastonbury has sold for $1 million. In a statement, officials with New England Retail Properties Inc., which represented the seller, Bidwell Associates, said the 0.5 acre property at 3041 Main St. changed hands on Tuesday.
Bidwell Associates had owned the location for 45 years, and New England Retail Properties started leasing the space to 7-Eleven in 2000. The buyer was described as a “local investor.” The property includes several gas pumps and a 1,900-square-foot building.

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CONNECTICUT, December, 2021 –  Litchfield Development Partners LLC and Tractor Supply Co. (TSC) celebrate the opening of the new store in Litchfield, Connecticut. The store, located on the Litchfield and Torrington line at 626R Torrington Road (Route  202) in Litchfield, CT has been developed by Litchfield Development Patners LLC a partnership of New England Retail Properties, Inc. of Wethersfield, CT  headed by Matt Halprin  and Mack V Development of West Hartford, CT. headed by Mark D’ Addabbo.

Affiliated  entities and partnerships of New England Retail Properties have  represented,  as brokers and developers, many of the  Tractor Supply Company stores throughout New England and Eastern New York over the past 18  years. The new Litchfield store consists of 19,097 SF of retail space along 20,000 SF of outdoor storage, sales space and a [...]

South Windsor’s new 163,000-square-foot Costco warehouse opened Tuesday morning, with well over 100 people waiting in line outside in near freezing temperatures for the chance to purchase high demand holiday gifts or everyday essential items in bulk.

Karen Charette, a South Windsor resident, said she likes to attend grand openings in town.

“When new stores open, we like to be going on Day 1,” she said, flashing her Costco membership card.

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After Costco employees and town officials cut the ribbon, shoppers flooded into the electronics department at the front of the store — the destination for many.

Some stood in line since late last night, hoping to score a PlayStation 5 and Xbox Series X video game consoles for themselves and family members. The first shopper to enter the store managed to walk out with a PS5 in hand.

The store, located at 1220 Tamarack [...]

Matt Halprin, President and Chief Operating Officer of New England Retail Properties, Inc. is pleased to announce the sale of The Shoppes at Old Saybrook located at 901 Boston Post Rd. (Route 1) in Old Saybrook, CT for $6,750,000.

Halprin was the only Broker and represented both the seller and the buyer in the transaction. The seller of the 94,175 square foot regional shopping center on 8.5 acres is Basser Kaufman Saybrook LLC and the buyer is OSJL of Old Saybrook LLC. The Shoppes at Old Saybrook features regional and national tenants including Ocean State Job Lot, Town Fair Tire, Dollar Tree, O’Reilly Auto Parts and Midas Muffler.

 

About Basser Kaufman
For over 50 years, Basser-Kaufman has developed, leased and managed retail properties of exceptional quality and distinction. Encompassing more than [...]

New England Retail Properties, Inc. has promoted Matt Halprin to president and chief operating officer, effective immediately. The promotion follows the departure of outgoing co-founder and president, Mark D’Addabbo, who stepped down effective April 1st. Halprin will retain 100% ownership of the company he co-founded in 1987.

Over the past 34 years Halprin has leased millions of s/f of retail space and sold an excess of $250 million of investment properties in all major markets throughout New England and New York. Halprin has also helped to establish New England Retail Properties as an industry leader specializing in retail shopping center leasing, investment sales and tenant representation.

Halprin is a 32 year member of the International Council of Shopping Centers (ICSC) and has served on various ICSC committees throughout his career. As a member [...]

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