Colonial Properties closes two deals totaling $1.86 million

Michael Richetelli, Colonial Properties

273 Indian River Road - Orange, CT

Fred Messore, Colonial Properties

Orange, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the firm completed the sale of two properties totaling $1.86 million.  273 Indian River Rd., a   17,500 s/f office/light industrial building on 2 acres, sold for $1.013 million to Connecticut Pest Elimination, Inc.  Richetelli, represented the seller, 273 Indian River Road Office Park, LLC and was the sole broker in the transaction.

Fred Messore, senior vice president at Colonial Properties, represented the buyer in the purchase of the former Lake House Bar & Grill building, at 377 Roosevelt Dr. in Seymour.  The 2,606 s/f building on .41 acres sold for $850,000 to CYN Realty LLC, dba Stone’s Throw Restaurant.  Stone’s Throw will be owned and operated by Peter Hamme, former owner/chef of Stone House Restaurant in Guilford.  The seller was represented by Audra DiGello of Weichert Regional Properties in Orange.