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.
TeraDAR Leases Space in Guilford
The Geenty Group, Realtors reports a ten-year lease of 21,800 SF of office and assembly space at 1 Shoreline Drive, Guilford. The Tenant is TeraDAR, Inc. Matthew Carey is the President. TeraDAR will use the space for the assembly and testing of specialty items for...
