News: Brokerage

O,R&L sells 199 Oakwood Ave. for $640,000 - to be redeveloped into mental health facility

West Hartford, CT According to O,R&L Commercial Real Estate, Dr. Michael Stokes has purchased the property at 199 Oakwood Ave., to redevelop the property into a mental health facility. The purchase price for this property was $640,000.

199 Oakwood Ave. located off I-84 consists of over 9,000 s/f and 35 parking spaces. This building is an attractive redevelopment project in a well-located, under-served and growing part of the city. The building has been vacant since 2018. Previously purchased by West Hartford Dynasty Cuisine Group, LLC in 2023, they had intentions on redeveloping the building as a restaurant, but after they had decided to take their business growth in a different direction they decided to sell the property in 2024.

Thomas Wilks of O,R&L Commercial represented the seller, West Hartford Dynasty Cuisine Group, LLC.

MORE FROM Brokerage

RapDev leases 17,587 s/f at 501 Boylston St. - lease brokered by JLL

Boston, MA RapDev, a leading software-engineering and DevOps consultancy, has leased 17,587 s/f at 501 Boylston St. in the city’s Back Bay. The company moved into the new space this summer, consolidating operations onto a single floor to accommodate growth and create a workplace that reflects its collaborative culture.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Boston’s iconic Newbury St. continues to thrive as one of the most vibrant and compelling retail corridors in the United States. Nestled in the heart of the Back Bay, this historic St. has evolved into a powerhouse of high-St. retail, where luxury meets lifestyle and legacy brands coexist with up-and-coming names. With its European charm, diverse architecture, and unmatched foot traffic, Newbury St. remains a dynamic reflection of Boston’s energy, culture, and economic strength.

Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

As new tariffs continue to impact the global economy, retail businesses and investors are grappling with heightened uncertainty. From new high tariffs to supply chain issues to evolving consumer behaviors, continual changes are making it as or more challenging than the pandemic years. Yet, amidst this turbulence,

End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.