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.

“This property provided a rare opportunity in an exclusive market. On behalf of the Landlord, we were able to focus on a select few strong operators and very quickly came to terms. We are extremely excited to sign such a strong restaurant group to the property”, said Tyler Lyman.
Tyler Lyman represented the Landlord and negotiated the deal terms directly with the Racanelli Restaurant Group.

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.

“I’m very happy that we could help put together the transaction for both parties. This site sits directly on the 50-yard line of Boston Post Road and will be a crown jewel in their portfolio for the new Buyer”, said Tyler Lyman.
This is the third large retail property sale that Lyman has been instrumental in within the last year on Boston Post Road in Orange. Tyler previously represented the Sellers of both 401 Boston Post Road and 53 Boston Post Road. TRUE will be handling the leasing of the property for the new owner.
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.

 

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.

“Connecticut Commons is a regional center, drawing customers from a large territory due to its proximity to I-84. The one glaring “missing piece” was the fact that there was no grocer in the project. We made that use a priority and are excited to add ALDI to the tenant mix”, said Tyler Lyman.
ALDI was represented by Tim McNamara & Kevin Daly of Cushman & Wakefield, while Tyler Lyman and Jason Wuchiski represented the landlord; Site Centers, which marked their 13th deal with them.

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.

 

JANUARY 2, 2024 – Over the past few years, TRUE Commercial has experienced substantial growth in the Tri-state area and maintained our focus on our retail expertise, with a dedicated emphasis on grocery-anchored properties. Given our growth, we have recently invested in redesigning our website, allowing us to continue to represent first-in-class retailers and their market expansions, by providing a true online resource for our clients, prospects, partners, and employees.

Here, the new website has many improved features and functionality such as: dynamic, searchable listings, value-added market news, in-depth team bios and success stories, and links to social media platform LinkedIn, where important industry news, events, and conversations, among our customers and partners, are taking place online.  With this in mind, we invite you to visit and tour our new website, which will be a key strategic asset for TRUE Commercial going forward and allow us to continue to grow and serve the commercial real estate marketplace at the highest level possible. 

DECEMBER 14, 2023 – Richard Schnider, Vice President of TRUE Commercial, successfully completed three long-term leases with Chip City in three major Connecticut markets. The first was an endcap in The Brick Walk in Fairfield with Regency Centers and Kleban Properties. The second was an inline space in Darien Commons in Darien with Federal Realty. The third was an inline space in Blue Back with Charter Realty.

“Chip City is a fantastic addition to any center with the traffic it brings to its stores through the 31 classic ooey gooey flavors they rotate every week through their locations. They bring a fun and yummy vibe for all”, said Richard Schnider.

Chip City is actively looking for deals throughout the State of Connecticut. For any site submissions, please contact Richard Schnider at 203.762-6173.

DECEMBER 11, 2023  – TRUE CRE recently completed the signing of a new lease with Target Corporation at Shoreline Plaza, a 170,000 square foot shopping center at 900 Boston Post Road in Guilford, Connecticut.  Target’s new 78,050 square foot store is projected to open in mid-2025.  With nearly 2,000 stores operating in North America, Target’s addition to Shoreline Plaza, makes it a more regional shopping center, and expands the overall trading area, which greatly benefits tenants, landlords and consumers.

“Tyler Lyman and I worked closely with ownership to secure Target in this prime location and we believe the addition of Target to the market and Shoreline Plaza is a significant event for the Town of Guilford, and the area retailers in general. We are eagerly anticipating their grand opening.” said Dominick Musilli, TRUE CRE’s Managing Partner.

TRUE CRE’s team worked with cooperating broker Jeff Howard of Ripco on this lease.