Bondi Commercial and Pequot Commercial broker 10.5 acres for $1.65 million
Charter Oak Federal Credit Union has purchased 10.5 acres of land along Rte. 85 for $1.65 million. The parcel is within a few hundred yards of a 4-way interchange of I-395. Charter, one the areas largest and most profitable banking institutions will build a 62,000 s/f building to house its new headquarters and a new branch.
Ken Bondi of Bondi Commercial Real Estate and Alan Messier of the law firm of Messier & Massad, New London represented the seller, Massad Development, LLC. Norm Peck of Pequot Commercial and Michael Sheehan of the law firm of Conway, Londregan, Sheehan & Monoco, P.C., New London, represented the buyer.
Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.