Ralph Calabrese and Tony Valenti of the R. Calabrese Agency, LLC arranged the sale of 1.5 acres to Cumberland Farms, Inc. The property is located at 1978 West St. The parcel has 300 feet of frontage with a signalized entrance on Route 229, a major commuter corridor traveled by over 30,000 cars a day.
The property was sold by Westside Associates, LLC for $1.2 million. This was the fourth real estate transaction completed by the team of Calabrese and Valenti on the Rte. 229 corridor during the last two years.
The R. Calabrese Agency, LLC also completed a lease of 8,575 s/f located at 119 Hawley Rd. in Oxford. The building is owned by V.A.S.E., LLC and was leased to Greenleaf Energy Solutions, a multiregional company developing turn-key energy efficiency projects focusing heavily on indoor/outdoor LED lighting for educational, healthcare, commercial, and institutional applications.
The R. Calabrese Agency was the sole broker involved in this transaction.