Montville, CT Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, completed the sale of 47.2 acres, Lot #11, on Fire St.
The vacant, landlocked residential parcel was purchased by Vijay Patel for $36,000. No plans for development have been announced.
Lyman acted as agent on both sides of the transaction.
Lyman Real Estate, headquartered in Westbrook, represents commercial and residential buyers, sellers, landlords and tenants. For more than 30 years, the firm has been providing a full range of commercial brokerage and development services, and has helped bring prominent national and regional companies into the area.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and