News: Shopping Centers

Goldschmidt & Assoc. named agent for 282,000 s/f

According to Eric Goldschmidt, senior partner at Scarsdale, N.Y.-based Goldschmidt & Associates, it has been appointed the exclusive leasing broker for the 282,000 s/f retail development on Rte. 7, Danbury Rd. Pam Bren Goldschmidt is supervising the leasing activity and reports that documents are already being drawn for four major national retailers, including Kohl's. Known as Litchfield Crossings, the site is on 40 acres with 1,792 ft. of frontage along Rte. 7, with 32,000 cars daily and 51,906 residents within 7 miles. Area retailers include WalMart, Stop & Shop, Rite Aid, Staples, TJ Maxx, Home Depot and Dollar Tree. The property is owned by Danbury Road Developers LLC. Goldschmidt & Associates specializes in the leasing and sales of retail, commercial, and industrial real estate in the New York Tri-State area.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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