Chris O'Hara, senior vice president of Coldwell Banker Commercial NRT Incorporated represented Shelton Associates, LP in the sale of 2 Research Dr. to William Raveis Real Estate. The facility was formerly occupied and used by A.O. Sherman and Dresser Industries as research/light manufacturing space.
William Raveis will be relocating its headquarters and renovating the existing 55,000 s/f building on 5 acres into a class A office building. William Raveis is the owner and founder of William Raveis Real Estate, Mortgage and Insurance one of the top residential real estate companies in the nation. The expansion is the result of Raveis' passion to deliver the highest level of service to its customers. William Raveis Real Estate is also the #1 family owned real estate firm in the Northeast, the #3 largest family owned real estate company in the U.S. Consisting of 3,000 sales associates, managers, staff and a mortgage and insurance team. Generating annual real estate sales of $5.6 billion, 2,500 corporate relocation transferees a year and a total mortgage volume of $9 billion.