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Deal of the Month
October, 2020
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Deal |
East Haven, CT Strip Center Sold |
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Retail |
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Property Description |
7,845 sf fully leased center with 5 tenants located on 0.56 acres |
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Property Address |
9-15 Foxon Boulevard, East Haven, CT |
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Transaction Date |
August 27, 2020 |
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Transaction Dollars |
575000 |
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Listing Agent |
Steve Patten CCIM |
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Listing Agent Company |
The Proto Group |
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Cooperating Agent |
Vance Taylor |
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Cooperating Agent Company |
Commercial Services Realty |
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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
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Deal Title |
Sale of Springbrook Common, Orange, CT |
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Category |
Office |
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Property Description |
35,000 sq. ft. medical office complex- 10 units |
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Property Address |
240 Indian River Road, Orange, CT |
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Transaction Date |
6-12-20 |
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Transaction Dollars |
$8,050,000 |
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Listing Agent Contact |
Carl Russell, CCIM, SIOR 203-783-9999 |
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Listing Agent Company |
Pearce Commercial Real Estate, Milford CT |
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Cooperating Agent Contact |
Tom Cavaliere & Nick Mastrangelo 203-907-7800 (Cavaliere), 203-641-2100 (Mastrangelo) |
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Cooperating Agent Company |
Coldwell Banker, Orange, CT |
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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 |
