Former West Hartford Center CVS sells for $5.25 million, will become ‘upscale’ restaurant
Michael Walsh, The Register Citizen- September 26, 2024
- Sales
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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 [...]
What’s Up With That Place? Vacant Outback Steakhouse in Manchester still for sale after 2020 closure
Joseph Villanova, Journal Inquirer- July 5, 2024
- Uncategorized
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MANCHESTER — The former Outback Steakhouse on Hale Road in Manchester has sat vacant since the restaurant closed four years ago, with the property owners hoping to sell or lease the land to a new business.
Manchester is not the only town to grapple with Bloomin’ Brands shrinking its presence in Connecticut, with restaurants in Enfield and Danbury closing in recent years.
Matt Halprin, principal of property owner and brokerage company New England Retail Properties, said the 3.5-acre parcel at 170 Hale Road was owned by Melville Corporation, the former parent company of brands like Bob’s Stores, CVS, and Marshalls.
He said the then-empty property was sold to an Outback Steakhouse franchisee in 1994 as the brand continued its New England expansion.
Halprin said the franchisee later sold the business to Outback Steakhouse corporate, leasing the property to the company while it [...]
Former CT clothing store to be transformed into specialty market. It’s part of a broadening array of cuisines
Stephen Underwood, Hartford Courant- May 15, 2024
- Leases
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A new market specializing in South Asian cuisine is slated to come to Bristol inside the former EbLen’s clothing store on Farmington Avenue, according to the city.
The owners of Desi Spice LLC filed a building permit application on May 10, according to the city’s Building Department. The application would allow the new owners to conduct renovation work, including building out a kitchen and shelving space.
The applicants, listed as Mahesh Sanakkayala of South Windsor and Pradeep Ravella of Vernon, are also the planned owners of the market. Mahesh also owns Spice Town Indian Grocery in Vernon.
Though Asian American Pacific Islanders make up less than 6% of the state population, the group represents one of the fastest growing communities in the state, according to data from the 2020 Census.
EbLen’s, which occupied the [...]
Conway Development Partners completes 19,097 s/f Tractor Supply Co. store in North Conway
New England Real Estate Journal- March 1, 2024
- Openings
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North Conway, NH Matt Halprin principal of Conway Development Partners LLC, completed the ground up development for the new Tractor Supply Co. store at 170 North-South Rd. across from the new roundabout entrance to Settlers Green Outlets and Market Basket. The new store consists of 19,097 s/f of retail space along with 20,000 s/f of fenced outdoor display, sales space and a new garden center. This will be Tractor Supply’s 21st store in the state.
Based in Nashville, Tractor Supply has more than 2,200 stores nationally and is one of the largest rural lifestyle retail store chains in the U.S.
Conway Development Partners LLC is based in Wethersfield, CT. and acquired the land June 23, 2023. They are a division of New England Retail Properties, Inc. which was founded in 1987 as a shopping center brokerage and development company. They [...]
TRACTOR SUPPLY NOW OPEN IN NORTH CONWAY, NH
New England Retail Properties, Inc.- February 21, 2024
- Openings
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NORTH CONWAY, NH | February, 2024 – Matt Halprin Principal of Conway Development Partners LLC, announces the completion of the ground up development for the new Tractor Supply Co. Store in North Conway, NH.
The new store is located at 170 NORTH SOUTH ROAD in North Conway directly across from the new round about entrance to Settlers Green Outlets and Market Basket. The new store consists of 19,097 SF of retail space along with 20,000 SF of fenced outdoor display, sales space and a new garden Center. This will be Tractor Supply’s 21st store in New Hampshire.
Based In Nashville Tennessee, Tractor Supply has more than 2,200 stores nationally and is the largest rural Lifestyle retail store chain in the US.
CONWAY DEVELOPMENT PARTNERS LLC is based in Wethersfield, CT and acquired the land June 23, 2023. They are a division of New England Retail Properties, Inc which was founded in 1987 as a shopping [...]