Deal of the Month

October, 2020

Deal

East Haven, CT Strip Center Sold

Retail

 

Property Description

7,845 sf fully leased center with 5 tenants located on 0.56 acres

Property Address

9-15 Foxon Boulevard, East Haven, CT

Transaction Date

August 27, 2020

Transaction Dollars

575000

Listing Agent

Steve Patten CCIM

Listing Agent Company

The Proto Group

Cooperating Agent

Vance Taylor

Cooperating Agent Company

Commercial Services Realty

Transaction Story

5 unit strip center was purchased two years ago with 3 vacancies. The Proto Group filled the 3 vacancies and with the buyer's broker, was able to negotiate the sale of the fully leased center.

 

September, 2020

Deal Title

Sale of Springbrook Common, Orange, CT

Category

Office

Property Description

35,000 sq. ft. medical office complex- 10 units

Property Address

240 Indian River Road, Orange, CT

Transaction Date

6-12-20

Transaction Dollars

$8,050,000

Listing Agent

Contact

Carl Russell, CCIM, SIOR

203-783-9999

Listing Agent Company

Pearce Commercial Real Estate, Milford CT

Cooperating Agent

Contact

Tom Cavaliere & Nick Mastrangelo

203-907-7800 (Cavaliere), 203-641-2100 (Mastrangelo)

Cooperating Agent Company

Coldwell Banker, Orange, CT

Transaction Story

This 35,000 sq. ft. medical office complex, built in 2008 is tenanted by Yale Smilow, U.S. Renal Dialysis, Physical Therapy and Sports Medicine, Constellation Health Services, Connecticut Kidney Center, Miracle Ear, and New Solutions. The Buyer, Water Street Management, LLC was represented by Nick Mastrangelo and Tom Cavaliere of Coldwell Banker Brokerage in Orange