Waterbury, CT Bob Bowden of the R. Calabrese Agency has completed the sale of a property located at 205 Interstate Ln., a multi-tenant flex building. The 12,000 s/f masonry building on 1.5 acres was constructed in 1987. The sale price for the property was $580,000 and purchased by 205 Interstate LLC, who will be occupying a portion of the building. The seller was 715 Straits Turnpike LLC. Bowden represented the buyer and seller.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and