ORANGE, CT… Michael Richetelli, President and Designated Broker of Colonial Properties, Inc., is pleased to announce the completion of the following transactions.
Fred A. Messore, Senior Vice President at Colonial Properties, Inc., was the sole broker in the $300,000 sale of 10 Admiral Street in West Haven, an 1,846SF commercial building on .13 acres. The parcel will be demolished and assembled to make way for “Park Place” in the Allingtown section of West Haven, which will house 16,000SF of retail with 50 residential units. Messore brokered the acquisition of several parcels in Allingtown in 2015 on behalf of the same developer for the construction of the Atwood Mixed Use development. The Seller was Zante, LLC, represented by Attorney Rocco Torozzi of West Haven. The Buyer was Park Commons, LLC, represented by Attorney Mark Sklarz of Green & Sklarz in New Haven.
Kevin Weirsman, Vice President of Commercial Sales at Colonial Properties, brokered a lease for 1,450SF of office space located at 670-680 Boston Post Road in Milford for a seven year base term. Formerly a yoga studio, the new Tenant is State Farm Insurance, Anthony Gargano, Agent, who is relocating from downtown Milford. Weirsman represented the Landlord, SMH Milford, LLC in the transaction.
Colonial Properties, Inc., founded in 1978, is a full service Commercial and Residential Real Estate Brokerage, located in Orange, CT. The firm handles all types of 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
