McMahon of O,R&L represents seller and procures buyer in $1.5 million sale
O,R&L Commercial has negotiated the $1.5 million sale of the former JY Sailboat facility, a 30,000 s/f high bay warehouse and two adjacent vacant lots located at 8 Capitol Dr.
Tim McMahon of O,R&L represented the seller, DW Realty and procured the buyer, the town through a negotiated bid sale. The town plans to relocate its public works department to the site which will provide a centralized location for its fleet and equipment. The town voted unanimously to approve the sale in September.
Earlier in the year, O,R&L brokered the sale of a 20,000 s/fbuilding in the same park to American Laboratory Trading which relocated from Groton.
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.