968 Chapel St 
252 Depot Rd 
1 Parrott Dr
ORANGE, CT… Michael Richetelli, President and Designated Broker of Colonial Properties, Inc., is pleased to announce the completion of the following transactions.
Michael Richetelli, President/Broker, represented the Landlord, General Asset Company LLC, in the leasing of 3,000 +/- SF first floor Retail space located at 968 Chapel Street, New Haven, CT for a ten (10) year term. The Tenant, Anesthesia Smoke and Convenience, will operate a convenience store/smoke shop at the location.
Tony Vitti represented the Landlord, MNBD LLC, in the leasing of 3,000 +/- SF Warehouse space and 1,000 +/- SF Office space located at 252 Depot Road, Unit C, Milford, CT for a ten (10) year term. The Tenant, Revolution LLC, was represented by Teo Rotaru with Real Estate Advisory, and will operate a basketball training center. The Landlord’s attorney was Brian Lema with Berchem and Moses in Milford, CT; the attorney for the Tenant was Michael Trella with Greene Law, P.C. in Farmington, CT.
Gary Bellard, CCIM, represented the Tenant, Vanguard Medical LLC, in the leasing of 14,176 +/- Office/Flex space located at 1 Parrott Drive, Shelton, CT for a ten (10) year term. Vanguard Medical provides orthopaedic post-operative rehabilitation and recovery treatment devices and therapies and will relocate to Shelton from their facility in Derby. The Landlord, Shelton Parrott Associates, was represented by Jack McDermott with Newmark.
“Leasing activity has certainly increased in the CT market over the last several months. We are seeing high interest across serval commercial real estate categories, including industrial, retail and flex space. There are new businesses looking to open as well as relocations and expansions, a healthy sign for the economy”, said Richetelli.
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.
