O,R&L Commercial brokers $4.05 million sale of The Preserve at Shuttle Meadow

Berlin, CT O,R&L Commercial has completed the successful sale of The Preserve at Shuttle Meadow, a 110± acre development opportunity located off West Lane in Kensington. The property was sold for $4.05 million.

AA Denorfia Building & Development acquired the property, with Matthew Denorfia of Denorfia Realty serving as the co-broker on the transaction. Luke Massirio of O,R&L Commercial represented the seller, Shuttle Meadow Country Club, in the sale.

The approved development plan and extensive acreage provided the buyer with an opportunity to acquire a fully-entitled residential development site in a central location. The property generated multiple competitive offers, reflecting interest in the development opportunity. Marketed as a shovel-ready opportunity, the property offers the new ownership the ability to move forward with the planned residential development.

O,R&L Commercial, LLC, with offices in Branford and Rocky Hill, is a full-service real estate firm specializing in commercial real estate brokerage, construction, and site development. O,R&L Commercial represents landlords, tenants, sellers, and buyers across the industrial, office, retail, medical, multi-family, and investment markets.

Tags: Brokerage Connecticut

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