"Stew Leonard's will generate a tremendous amount of traffic to Echo Plaza," predicts Ethan Goldsmith, leasing representative for Levin Management. "The new ownership has been very aggressive in renovating the property, which has enabled us to re-anchor and elevate the profile of the center in a relatively brief period of time considering current market conditions."

Stew Leonard's is a licensee of the renowned food and spirits purveyor Stew Leonard's of Norwalk, CT, and was represented in the transaction by Jeff Nable of S.C.A. Commercial Real Estate, also of Norwalk.

"We selected Echo Plaza because of the very strong demographics of the market, the high auto traffic of the location and the accessibility to the site from neighboring communities," Amanda Deveaux of Stew Leonard's Wines and Spirits tells GlobeSt.com. "We are very thorough in our site selection process and determined that this particular location met all of our requirements for a successful operation." She adds that the store will feature more than 2,000 varieties of wine from around the world, a fine wine room with top-rated wines and a gourmet cheese department. The store will also host weekly in-store samplings, as well as numerous special events and educational seminars featuring well known wine makers and award-winning wines.