Hamden, CT Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, has negotiated the $2.175 million sale of 30 Edmund St., a 120,000 s/f multi-building industrial complex. Located in southern Hamden with access to I-91 and I-95, the facility is set on 5.2 acres offering units from 7,000 s/f. This multiple building complex provides warehouse, manufacturing and distribution capabilities. Press represented the seller, Orchard Investments and procured the investor/buyer, 30 Edmund Street, LLC.
In addition, Joel Nesson of Press/Cuozzo leased an 8,000 s/f warehouse space at 2781 State St. to Liuzzi Cheese. The short-term lease is valued at $51,000. The landlord, K & M Brother’s, LLC was represented by Anthony Annunziato with Coldwell Banker.
Also, Press/Cuozzo commercial advisor Renee Stevens, leased 5,500 s/f at 126 South Turnpike Rd. in Wallingford. Stevens represented Jet Process Corp. on their relocation and worked directly with the landlord, 126 South Turnpike, LLC.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and