The Geenty Group, Realtors has brokered a 7-year lease for 100,000 SF of space in a warehouse/distribution facility under construction at 850 Murdock Avenue, Meriden. The Tenant, R&R Freight Logistics, LLC, is a provider of Asset Based and Third-Party Logistical Services for large and small customers across North America. Its principals are Timothy Green, Russell D’Agostino and Robert Robitaille. The Landlord is Mark Development, LLC. Attorney Dennis Ceneviva of Meriden was the attorney for the Landlord. The total lease value is in excess of $4.5MM. R&R will occupy approximately 2/3 of the 163,000 SF building which, when finished, will feature 26’ ceilings, truck docks, a drive-in door and offices built to suit for R&R. Kevin Geenty, vice-president of The Geenty Group, Realtors and the sole broker in the transaction, says that the move is the culmination of a multi-year consolidation and expansion of R&R’s operations. As part of this effort, Mr. Geenty successfully represented the company in the $1.75MM sale of its former base of operations located on Fowler Road, North Branford in March of this year.
2 New Leases at Commerce Drive in North Branford
The Geenty Group, Realtors reports two leases at 21 Commerce Drive, North Branford. The Landlord is W. E. Hitchcock, LLC. The Geenty Group Realtors represented the Landlord as they have done for 30 years. The first lease is for 16,000 SF for a five-year term....
