Connecticut Commercial leases 6,000 s/f at 40 Scitico Road in Somers; Clark represents both the lessor and new tenant
The Somers office of Connecticut Commercial Realty & Select Homes has leased 6,000 s/f at 40 Scitico Rd.
Tom Clark acted in a dual agency capacity representing both the lessor, 40 Scitico Road, LLC, and the new tenant, SOMERSault Jungle Gymnastics, LLC.
SOMERSault Jungle Gymnastics, LLC, owned by Cathy Mynahan and Bailey Russell, is excited to offer a caring atmosphere for members and their families. The facility is fully equipped with air conditioned viewing areas, a lounge area, a quiet study area, a sibling playroom, a dance training room, and a parent exercise room.
Build-out is underway at the center and the new business plans to be open for classes beginning September 3. Connecticut Commercial Realty continues to market additional available space at the 40 Scitico Rd. location.
Arlington, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of Jason Arms, a 12 unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer in the transaction. The asset sold for $3.3 million.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.