News: Brokerage

O,R&L Commercial completes two industrial leases totaling 23,886 s/f

North Haven, CT O,R&L Commercial has arranged two recent industrial leases totaling 23,886 s/f at 222 Universal Dr., strengthening occupancy at the property. Situated in one of the town’s most accessible commercial corridors, Universal Dr. offers proximity to I-91, logistical connectivity, and a flexible building layout — making it an ideal location for production, warehouse, and service-based users.

O,R&L Commercial represented the landlord, Corporate Drive Properties LLC in both transactions working closely with ownership to position the property. The O,R&L Commercial team consisted of Sam Crampton in the O,R&L Branford location and Luke Massirio and Jay Morris of O,R&L’s Rocky Hill location.

A 13,687 s/f industrial lease has been leased to Washout Prints, a growing printing and production company expanding its operations in the region represented by Casey Fisher of Houlihan Lawrence Wareck and D’Ostilio of Branford.

SwiftX has leased 10,199 s/f at the property. SwiftX is a last mile delivery company primarily servicing the needs of Temu, a multibillion-dollar seller of goods. They were represented by Nick Leon of Sentry Commercial in Hartford, CT.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.