News: Brokerage

Brimberg of O,R&L Commercial sells 13,620 s/f for $300,000

Wallingford, CT O,R&L Commercial, LLC completed the $300,000 sale of a commercial building located at 8-12 Hope Hill Rd. The 13,620 s/f building located on 1.98 acres, formerly the “Suburban Market” was sold to Prakash Patel who plans to completely renovate the building for future retail and commercial uses.

Toby Brimberg of O,R&L Commercial in Branford represented the seller, Vumbaco Real Estate Investments LLC and the buyer was represented by Herb Jackson of Dan Combs Real Estate, Inc., Wallingford. Norman Fishbein of Fishbein Law Firm, LLC represented the seller and Mary-Ann Haran, Attorney at Law represented the buyer. Financing was provided by Start Bank with Joseph Nuzzo as the commercial loan officer.    

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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.
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