Galaxy Development leases 2,000 s/f to Subway Real Estate LLC

Galaxy Development recently leased and renovated the former free standing Bank of America building at 1085 North Main St. A lease for the premises was recently consummated with Subway Real Estate, LLC with a grand opening taking place in September. Purchased in 2009, the 2,000 s/f building is situated on over 1.7 acres along Rte. 12, only a couple hundred feet away from the major intersection of Rtes. 101 and 12 and has visibility to I-395. It is immediately adjacent to Walgreens, Shell and Dunkin' Donuts. Opportunities for additional expansion on the site exist for a land lease, or as a build to suit with up to 16,000 s/f of retail space available along one of eastern Connecticut's most highly traveled corridors. Galaxy also recently renovated the Dayville Four Corners Shopping Center, located across the street from this site where deals were signed with Aldi and Dollar Tree. Exit 93 has become the regional retail trade area for all of eastern Connecticut since the construction of Killingly Commons last year, which includes Lowes, Super Stop & Shop, Target, Staples, and Petco and many others.