Londregan of Londregan Commercial Real Estate Group & Pilla of Paramount Partners, Broker another Krispy Kreme in Connecticut
Londregan and Richard Pilla of Paramount Partners complete the site selection for the second Krispy Kreme Doughnut Shop in Connecticut, this time in Milford, CT.
Milford, CT - Richard Pilla of Paramount Partners, LLC and Tim Londregan of Londregan Commercial Real Estate Group, LLC were the sole brokers in completing the deal that put the new 4,500 square foot Krispy Kreme on a 48,000 square foot parcel at the traffic lighted intersection of Post Road and Red Bush Avenue in Milford.
Londregan of Londregan Commercial and Pilla of Paramount Partners are New England Dough’s representative in Connecticut. The third New England store is scheduled to open in Cranston, Rhode Island.
Following an exhaustive analysis and search throughout Connecticut, the site search team of Pilla and Londregan have identified certain target markets and has finalized site acquisitions on the first two Krispy Kreme Doughnut and Coffee Shops to open in all of New England. The site search for the continued expansion of the doughnut phenomenon is continuing. Combined, Pilla and Londregan have over thirty years experience in the retail real estate business. Besides Krispy Kreme, Londregan and Pilla have completed site search work for and transactions with national and regional restaurant companies including Wendy’s, McDonalds, Applebee’s, Starbucks, Boston Market, Dunkin Donuts, Bess Eaton Coffee Shops and Bakeries, Pizza Hut, Taco Bell, Newport Creamery, Bruegger’s Bagels and Einstein Bros Bagels.
For New England Dough, LLC, Krispy Kreme’s exclusive area developer for New England, the Milford store on the Post Road near the Connecticut Post Mall, opened to much anticipation and fanfare. Several customers had camped out overnight to be the first customers of the new Krispy Kreme Doughnut Shop. James L.
Richetelli, Jr., The Mayor of The City of Milford, The Milford Community Band and The Amity High School Cheerleaders were all on hand to welcome Krispy Kreme to Milford in grand style. Founded in 1937 in Winston Salem, NC, Krispy Kreme now has more than 240 stores in 36 states and Canada. An estimated 5 million Krispy Kreme doughnuts are made every day and more than 2 billion are produced each year.
In addition to indoor seating, a Krispy Kreme store offers convenient drive-thru service. The lobby and drive-thru are open seven days and serve between 5:00AM to 1AM. Krispy Kreme features a doughnut-making machine capable of producing more than 200 dozen doughnuts each hour – all within site of customers through the glass viewing area. It can produce approximately 60,000 doughnuts per day and 400,000 doughnuts per week.
Londregan Commercial Real Estate Group is a full service brokerage firm located in Old Saybrook, Connecticut. While specializing in the retail and fast food site selection niches, Londregan Commercial is highly sought after for its marketing and closing abilities in all areas of commercial real estate. Retail and restaurant land sites, investment properties of all types, hotel and motel sites have also been an integral part of the firm's activity. For more information please visit www.londregan.com.