News:
Brokerage
Posted: October 17, 2025
Hird and Crampton of O,R&L handle $1.7 million sale of 20,672 s/f industrial building
Wallingford, CT O,R&L Commercial has completed the sale of the 20,672 s/f industrial building located at 856 North Main St. Ext.
The property is strategically located with access to I-91 and Rte. 15 and offers flexible industrial space within one of Connecticut’s strongest central markets. The property’s size and location make it well suited for a range of industrial uses.
Frank Hird, SIOR and Sam Crampton of O,R&L Commercial in Branford represented the seller, Jakx, LLC. The buyer, NIA ROO Investments LLC, was represented by Victoria DePaolo of Farmingbury Real Estate Inc., in Wolcott, CT.
The property transferred for $1.7 million.
O,R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords, tenants, sellers and buyers in the office, retail, medical, multi-family, investment and industrial markets.
MORE FROM Brokerage
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.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.