Massirio and Berkowitz of OR&L broker $1.4 million industrial sale

Southington, CT O,R&L Commercial has completed the sale of a 5,512 s/f industrial building on 4.37 acres located at 1198 West St. for $1.4 million. 

Luke Massirio of O,R&L Commercial represented the seller, John Keegan of Engineered Construction LLC. The buyer, Superior Equipment and Supplies of Southington, was procured by Mark Berkowitz, also of O,R&L Commercial. The property generated strong interest immediately upon listing and went under contract shortly thereafter following multiple competitive offers. 

A key driver of value was the site’s ample outside storage capacity, a highly sought-after feature in today’s market where demand significantly outweighs supply. The sale aligned well with both parties’ objectives: the seller was preparing for retirement, while Superior will utilize the property for its ongoing business operations. 

O,R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords, tenants, sellers and buyers in the office, retail, medical, multi-family, investment and industrial markets.