The Proto Group closes three transactions totaling $7.319 million

April 21, 2017 - Connecticut

North Haven, CT The Proto Group has completed the following transactions: 

• Diversified Unlimited LLC of Cheshire has purchased the 90,000 s/f North Haven Shopping Center on Rte. 5. The center consists of 90,000 s/f of retail space on nine acres.  The property was constructed in the early 1950s by the Luciani Family of Woodbridge, Conn. The new owner will be completely remodeling the plaza which will include a new façade, roof, HVAC, lighting and a pylon sign. The purchase price was $6.139 million, The Proto Group was the sole broker in the transaction and has been hired by the new owner to lease the plaza.   

• West Rock 19 Lunar LLC has sold 19 Lunar Dr. in Woodbridge, to an international investor for $685,000. The 9,120 s/f building is 100% leased to Yale New Haven Hospital as office space. The buyer was represented by Cynthia Liu of Real Living Wareck D’Ostilio, and the seller by The Proto Group LLC. 

• Rockview Associates LLC of Woodbridge, Conn. have sold 11 Lunar Drive, a 10,125 s/f office/flex building on one acre for $495,000.  The buyer, and international investor, was represented by Liu of Real Living Wareck D’Ostilio and The Proto Group LLC represented the seller in the transaction.