Gerry Matthews of Matthews Commercial Properties represented both the seller, Raymond & RuthAnn Watts, and the buyer, Five Star Investments LLC in the sale of 608 Wolcott Rd. The 5,648 s/f building consists of 3 retail units and 3 apartments and is situated on 0.89 acres.
Five Star Investments purchased the property for $266,000 to add to their investment portfolio.
In another transaction, Ed Godin Jr. SIOR of Matthews Commercial Properties, represented the landlord in the leasing of a 25,600 s/f portion of the Roundhouse Industrial Park at 567 S. Leonard St. in Waterbury.
John Famiglietti of Drubner Commercial represented the tenant, Take 2 Inc., in the long term lease. The business park is located off of Rte. 8 near the interchange with I-84.
The property is owned and managed by Benerofe Properties who has numerous holdings in Connecticut and New York. Godin continues to market the remaining 49,000 s/f of available space.