News: Connecticut

Mancinone and Horvath of Marcus & Millichap broker $1.85m sale

Adam Mancinone and Robert Horvath of Marcus & Millichap Real Estate Investment Services of New Haven were the sole brokers in the sale of the Southford Center located at 1481 Southford Rd. for $1.85 million. The site consists of approximately 4.6 acres of prime retail frontage and sits at the intersection of CT Rte. 188 and Rte. 67. The property is improved by a 13,836 s/f mixed use center. The first floor consists of six retail suites tenanted by local service based businesses, and the second floor contains four two-bedroom apartments. The property was sold by Connecticut based investors. Marcus & Millichap also secured the buyer, a Fairfield County based investor.
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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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