News: Connecticut

Russel of Pearce Commercial Real Estate brokers $8.05 million building sale

Orange, CT Carl Russell, CCIM, SIOR, of Pearce Commercial Real Estate brokers the $8.05 million sale of 240 Indian River Rd. The property is known as Springbrook Common and consists of 35,000 s/f of medical office space. 

This medical office complex, built in 2008, is tenanted by Yale Smilow, U.S. Renal Dialysis, Physical Therapy and Sports Medicine, Constellation Health Services, Connecticut Kidney Center, Miracle Ear, and New Solutions. 

The buyer, Water Street Management, LLC was represented by Tom Cavaliere and Nick Mastrangelo of Coldwell Banker Brokerage.

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Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m

Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
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