Michael Richetelli, President and Designated Broker of Colonial Properties, Inc., is pleased to announce the completion of the following transactions in Orange.
Michael Richetelli represented the Seller, Henry’s Honor LLC, in the sale of 210 Boston Post Road for $500,000. The 6,800 SF light industrial building was purchased by Argyle Equity Co. Carl Russell of H. Pearce Real Estate Co. represented the Buyer. The attorney for the Seller was Gabe Cusanelli of New Haven; the Buyer’s attorney was Kirk Fornes of New Haven.
Richetelli and Senior Vice President, Fred A. Messore represented the Landlord, Simone Development, in negotiating a three (3) year lease for 2,000 SF of office space at Orange Town Center Plaza, 109 Boston Post Road to Franklin American Mortgage. They also represented the Landlord, Orange Holdings LLC, in negotiating a three (3) year lease at The Firelite Plaza, 35 Old Tavern Road to Nardecchia Financial Services.
Bill Weirsman, Commercial Broker of Colonial Properties, Inc., represented the Tenant, D&D Services LLC, in negotiating a three (3) year lease of 5,000 SF warehouse space and yard area for a landscaping business at 374 Boston Post Road. Carl Russell of H Pearce Real Estate Co. represented the Landlord in this transaction. Weirsman also represented the Landlord, 516 BPR LLC, in negotiating a three (3) year lease for 2,000 sf at 516 Boston Post Road, Orange to New Haven Bedding, LLC.
“We are pleased to complete five transactions in Orange in the 1st Quarter of 2017; it demonstrates that activity in this market is brisk and we look forward to a strong year“, said Richetelli.
Colonial Properties, Inc., founded in 1978, is a full service Commercial and Residential Real Estate Brokerage, located in Orange, CT. The firm handles commercial and residential real estate transactions including the sale and leasing of retail, industrial, office, investment properties, and residential properties, as well as brokering land and business sales.
