Taco Bell properties, adjacent to Litchfield Crossings, New Milford’s largest shopping center, is acquired. The purchaser was by an affiliate of the Crossings both owned by the Gizzi family of Yonkers, NY.
Says Kristen Gizzi, Executive Director of the Crossings, "It’s exciting to add the Taco Bell and Rite Aid properties to our portfolio. We are grateful to have had another opportunity to invest in the town of New Milford. Hopefully, these properties will help us unify Litchfield Crossings, as well as, underscore our vision to be a valued member of the town while continuing to create a special shopping destination and experience for local and neighboring communities.”
Since its acquisition in 2013, Litchfield Crossings under the leadership of the Westchester based Gizzi family and its development company ECCO Development LLC has added tenants such as Petco, Webster Bank, Panera, Aber Nails and most recently TJ Maxx to the Litchfield Crossings retail family.