News: Connecticut

Guralnick of Pearce Commercial Real Estate sells 20,000 s/f

According to Barbara Pearce, president of Pearce Commercial Real Estate, Rich Guralnick, CCIM has completed a sale transaction of a 20,000 s/f professional office building at 388 Main St. The owners, Davie Enterprises, LLC of Connecticut and Florida, had owned the property since 1999 and, as lead partner Charlie Marotto said, "...with the U.S. economy beginning to show signs of rebounding the time is right for us to sell this well located office complex." The new owners, 388 East Main, LLC, facing a growing need for additional space for their medical billing and accounting business agreed that the timing was right for them as well to purchase their own facility. The new owners took possession of the property on August 30. Guralnick, was the sole broker in the transaction.
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Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m

Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
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