Starbucks – City Place II
August 18, 2017
Sullivan Hayes is proud to announce the addition of a new Starbucks to downtown Hartford! Tim McNamara worked on behalf of client Starbucks to secure them the new deal at City Place II in downtown Hartford, a street retail space next to a new United Bank along Asylum Street. With a lack of options for downtown Hartford workforce, this represented a great opportunity to take ground floor space of a class A office building and capture a captive consumer with limited options at their disposal.
Starbucks is the largest roaster, marketer and retailer of specialty coffee in the world. An international coffee and coffeehouse company with over 11,000 stores in the United States, and over 23,700 locations worldwide, it sells a variety of coffee and tea products, as well as various goods and food products for both Starbucks and third-party brands. Starbucks brands include Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, Torrefazione Italia Coffee, Ethos Water and. Founded in Seattle in 1971, the chain has grown beyond the US to cover countries throughout the globe. Starbucks is an S&P 100 and NASDAQ 100 component with over $19 billion in annual revenues, a Credit rating of AAA+ and is traded on the NASDAQ under ticker symbol SBUX.
Starbucks is seeking lease opportunities, preferably with drive thru capability, in the 2,000-2,400sf range. Cafe locations without a drive thru will also be considered. SullivanHayes is representing the company in all of Connecticut as well as Westchester County New York and throughout the Hudson Valley region of New York.