News: Connecticut

Sikes of O,R&L brokers $550,000 sale of 24,665 s/f industrial bldg.

Jeffrey Sikes of O,R&L Commercial, LLC recently completed the sale of 157 Charter Oak Ave., a 24,665 s/f industrial building, for a sale price of $550,000. Sikes represented the seller, HFAH Charter Oak LLC. The buyer, Corporation for Independent Living Realty LLC, was represented by Bob Botters of CB Richard Ellis. The property is improved with a multi-story industrial building that will be completely refurbished as offices for the buyer as well as for other tenants. It is adjacent to the $150 million Colt Gateway Project, a mixed-use redevelopment that includes over 200,000 s/f of office space being marketed for lease by Sikes. O,R&L is a full service real estate firm with three divisions: commercial real estate brokerage, commercial construction, and facility management.
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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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