News:
Brokerage
Posted: February 27, 2026
Braun of O,R&L Commercial sells two industrial properties for $2.4 million each
Branford, CT O,R&L Commercial has completed the sale of the Thimble Island Brewery building located at 16 Business Park Dr. The property has been sold for $2.4 million marking a notable industrial transaction in the town’s Business Park area along I-95. The 29,567 s/f building on 1.77 acres is positioned for continued commercial and industrial use. Will Braun of O,R&L Commercial represented both the seller, Business Park Holding Company, LLC and the buyer, S,Z&I, LLC.
In a separate transaction, the industrial building located at 16 East Industrial Rd., commonly known as the Hal Brown building, also sold for $2.4 million. In this sale, Braun of O,R&L Commercial represented the buyer, Ted Zuse, while Matty Murchison of Berkshire Hathaway Home Services represented the seller, AHB, LLC.
Both properties are situated within Branford’s established industrial corridors and benefit from proximity to I-95 and the Greater New Haven market. The closings reflect sustained interest in well-located, functional industrial assets throughout the region.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.