O,R&L Commercial brokers $10.765 million sale of 20.50 acre industrial property

Guilford, CT O,R&L Commercial has brokered the sale of 385 Long Hill Rd., a 123,309 s/f industrial facility situated on 20.50 acres. The property was purchased by Goodwill Industries of Southern New England, Inc. for $10.765 million.

Will Braun, SIOR, CCIM, Sam Crampton and Nick Leone of O,R&L Commercial’s Branford office represented the seller, Seidman Guilford Realty LLC. Toby Brimberg, also of O,R&L Commercial’s Branford office, represented the buyer, Goodwill Industries of Southern New England, Inc.

The Long Hill Rd. property has a notable history as the longtime Guilford home of The Safety Zone, a supplier of personal protective equipment and safety products. The Safety Zone relocated its corporate headquarters and distribution operations from Essex to the Long Hill location in 2014 as the company expanded its national and international operations.

The substantial industrial facility, situated on a 20.50-acre site, will provide Goodwill Industries with significant property to support its operations and continued presence in the region. Goodwill Industries of Southern New England is a non-profit organization serving communities throughout Connecticut and Rhode Island. Through its retail stores, donation centers, employment programs and other community-based services, the organization works to help individuals gain skills, find employment and achieve greater independence.

The $10.765 million transaction represents another significant industrial sale completed by O,R&L Commercial’s Branford brokerage team, with O,R&L representing both sides of the transaction through separate agents.