News: Connecticut

Hale of O,R&L brokers $1.005m sale of 18,756 s/f office building

Wethersfield, CT Andrew Hale of O,R&L Commercial, LLC brokered the sale of 449 Silas Deane Hwy. The 3-story, multi-tenanted 18,756 s/f office building sold for $1.005 million. The building is 67% leased and situated on 1.19 acres. The building was purchased as an investment property and the new owners plan to remodel the common areas inside and out. They are planning on updating fixtures with more contemporary finishes.

Hale represented the seller Wethersfield Holdings, LLC, and the buyer ADC Properties NE, LLC was unrepresented.

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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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