COLONIAL PROPERTIES COMPLETES LEASE OF 22,000 +/- SF TOTALLING $1,440,000

Written by: Mike Richetelli

ORANGE, CT… Michael Richetelli, President and Designated Broker of Colonial Properties, Inc., is pleased to announce the completion of the following transaction.

Tony Vitti, REALTOR® represented the Landlord, MNBD LLC, in the leasing of 22,000 +/- SF of warehouse space plus yard and covered outside storage, located at 252-262 Depot Road, Milford, CT for a five (5) year term. The Tenant, New England Gypsum, a building materials & distribution company, was represented by Chris Duclos from Sentry Commercial. The Landlord’s attorney was Brian Lema with Berchem and Moses in Milford, CT. The Tenant used in-house counsel.

Colonial Properties, Inc., founded in 1978, is a full service Commercial and Residential Real Estate Brokerage, located in Orange, CT.  The firm handles all types of real estate transactions including the sale and leasing of retail, industrial, office, investment properties, and residential properties, as well as brokering land and business sales.