Londregan of Londregan Commercial
Real Estate Group & Pilla of Paramount Partners, broker
first Krispy Kreme in New England
New England Dough, LLC Opens
First of Krispy Kreme Doughnut stores in region.
Newington, CT - Richard Pilla of Paramount Partners, LLC and Tim Londregan
of Londregan commercial Real Estate Group, LLC were the sole
brokers in facilitating Krispy Kreme Doughnuts’ entry into
the New England Market.
Londregan of Londregan Commercial and Pilla of Paramount Partners
are New England Dough’s representative in Connecticut.
The second New England store
is scheduled to open in November in Milford, CT on Post Road.
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 Newington store on the rejuvenated
Berlin Turnpike, opened to much anticipation and fanfare. 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.
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