News: Owners Developers & Managers

Foote, Gaucher and Karney O,R&L Commercial completed multiple deals

O,R&L Commercial agent Stephen Foote recently sold 3298-3300 Berlin Tpke. for $1 million. 3298-3300 Berlin Tpke. is an 8,000 s/f retail building on 1.01 acres. Foote represented the seller, R&B Realty Trust and the buyer AutoZone, Inc. was represented by Robert Blank of Sullivan Hayes. Also, Robert Gaucher, CCIM, SIOR of O,R&L Commercial has leased 6,698 s/f of office space at 624 Hebron Ave. in Glastonbury, Conn. 624 Hebron Ave. is a 12,311 s/f class A office building directly off Rte. 2. Gaucher represented the landlord, 3 Play Realty, LLC. CBRE New England represented the tenant, Mission Control. In addition, O,R&L Commercial agent Carol Karney sold 29 Berlin Rd. in Cromwell, Conn. for $915,000. 29 Berlin Rd. is an 8,902 s/f office building on 1.14 acres. Karney represented the seller, LJS Cromwell, LLC. The buyer, Better Business Bureau was represented by David Barnes of CBRE and will occupy the entire building. O,R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords and tenants in the office, retail, medical, investment and industrial markets. O,R&L Integrated Services is a full service real estate firm that specializes in commercial real estate brokerage, commercial construction, and facility management and maintenance.
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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