JUNE 11, 2024 – Richard Schnider, Vice President of TRUE Commercial, successfully completed three long-term leases at Southbury Green shopping Center with Regency Centers. JCREW Factory will occupy 5,587 SF, Physical Therapy and Sports Medicine (PTSMC) will occupy 3,478 SF and Michaels Jewelers will occupy 1,104 SF.
“The addition of these new tenants is a testament to strength of this shopping center in the market. The synergy between them and the existing tenants will position this property extremely well for many years to come” said Richard Schnider.
Richard has represented Southbury Green for several years and has successfully completed numerous transactions on Regency’s behalf.
APRIL 9, 2024 – Tyler Lyman recently completed a lease with Racanelli Restaurant Group for a 3,951 square foot space, located at 36 Pine Street in New Canaan, Connecticut.
MARCH 7, 2024 – Tyler Lyman recently completed the sale of the former Bob’s Discount Furniture, a 26,285 square foot building at 515 Boston Post Road in Orange, Connecticut.
MARCH 4, 2024 – TRUE Commercial has won the industry’s most prestigious award, honoring the very best brokers and firms in commercial real estate. CoStar has analyzed and measured TRUE’S transactions for 2023 against all active brokerages in the market to identify TRUE Commercial Real Estate as a CoStar Power Broker Firm Lease winner.
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FEBRUARY 12, 2024 – Tyler Lyman and Wes Craft inked a 6,356 square foot deal with Fuego Mexican Grill in Cromwell CT. The building located at 36 Shunpike Road formerly housed Ninety Nine Restaurant. Tyler Lyman and Wes Craft were the sole brokers in this transaction.
Fuego Mexican Grill is a full-service Mexican restaurant that serves “authentic Mexican food,” and alcohol. The owners are planning major renovations to the interior of the building and are hoping to add outdoor seating in the near future.
“The Landlord had several options, including demolishing the building and redeveloping the site for multiple national tenants,” said Craft. “Ultimately, we were happy to reuse the 40 year old structure, one of the first commercial buildings on the street. It has great bones and we are excited to see it serve the community for another 40 years.”
JANUARY 11, 2024 – Dominick Musilli & Richard Schnider announced the closing of three transactions at Columbus Plaza in New Britain, CT. They represented the Landlord, Grossman Companies, in the transactions. In particular, they successfully signed an extension with Price Rite for their 32,056 sq. ft. space, while signing Chase Bank and Wing Stop to new ten-year leases. Chase Bank leased 4,000 sq. ft. and WingStop inked a 2,221 sq. ft. lease.
“The renewal of Price Rite and the addition of Chase Bank and WingStop will prove to be the
catalyst to improve the tenancy of this shopping center. We have a 6,000 square foot space vacancy and we are already getting numerous inquiries about it. After all is said and done, Columbus Plaza is going to be a strong shopping center for many years to come,” said Dominick Musilli.
Chase Bank was represented by Tim McNamara of Cushman & Wakefield and Brian Knowles of Sullivan Hayes, while WingStop was represented by a team of CBRE Brokers led by John Ferris.
JANUARY 10, 2024 – Tyler Lyman and Jason Wuchiski successfully completed a long-term lease, bringing ALDI to Connecticut Commons, where they will occupy 21,070 square feet at 282 New Britain Avenue, Plainville, CT.
JANUARY 8, 2024 – Dominick Musilli & Richard Schnider of TRUE were chosen to represent the Zoom Tan / Zoom Fit and Beach Bum Tanning in their search for sites to lease between 800 and 4,000 SF. Zoom Management (parent company) owns and operates over 120 stores in six states under the banner Zoom Tan/Zoom Fit and Beach Bum Tanning.
“Senior leadership at Zoom Management selected us to do their Zoom Tan/Zoom Fit rollout in Hartford and New Haven Counties in Connecticut and Beach Bum Tanning in Westchester County, NY. They are first-in-class operators in that category and we’re very excited to work with them to secure great locations over the next twelve months,” said Dominick Musilli, Managing Partner of TRUE Commercial.