Tag Archives: Patio.Com

And In More Shopping Center News…

It looks like the rumors are true.

Both Chipotle and SoulCycle are coming to Compo Acres Shopping Center.

In fact — according to Equity One’s site plan — they’re already there.

As shown below, SoulCycle is located next to Patriot National Bank, at the west end of the shopping center (furthest away from Trader Joe’s). Chipotle is 2 doors away.

Equity One

Equity One has become a big player on Westport’s commercial real estate scene.

The firm — which owns 135 properties, primarily in New York, San Francisco, Los Angeles and South Florida, and whose mission is to “develop, redevelop and invest in ‘A’ quality retail properties in the most desirable and productive urban markets in the United States” — already owns the Fresh Market shopping center, and the one across the Post Road (think Dunkin’ Donuts).

As “06880” reported yesterday, 4 of the 6 easternmost storefronts in the Fresh Market center are vacant. Nearby Patio.com recently moved, too.

Sources say that Equity One hopes to demolish the old Patio.com and the closed stores, and erect a new building.

Sources add that Equity One also has its eye on the Terrain property.

Now if they can only do something about that long-abandoned Westport House of Pancakes…

Post Road Ghost Town

Ospreys are not all that have fled the Fresh Market shopping center.

4 of the 6 easternmost storefronts are vacat.

So is Patio.com, which recently decamped for new digs on the site of the old Brook Cafe, across the street from Starbucks.

Fresh Market shopping center

Is it a sign of a changing economy? Rents that climbed out of whack? Competition from other shopping centers, or other towns?

The good news: There’s plenty of parking.

Take 3 spaces. No one will care.