COLONIAL PROPERTIES COMPLETES 3 SALES TOTALING $835,000

Written by: Mike Richetelli

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, SVP, was the sole Broker in the sale of 209-211 Pershing Drive, Ansonia, CT, a 2,550 SF +/- automotive repair and auto body building on .66 +/- acres. The former location of Del’s Auto Body was purchased by 690 New Haven Ave, LLC d/b/a Monaco Enterprise for $425,000. The Buyer will be opening Anthony’s Auto Body  in the coming months.  The Seller, Estate of Anthony & Judith DelMastro was represented by Attorney George W. Boath, Jr. with Zanella Boath & Associates, LLC in Stratford, CT; the Buyer was represented by Attorney Joe Tramuta with Minnella, Tramuta and Edwards, LLC in Milford, CT.

Tony Vitti, REALTOR®, represented the Seller, Chai Realty, LLC in the sale of 3190 Whitney Avenue, Unit 6, Hamden, CT, a 3,840 SF +/- two unit office condominium for $245,000.  The Buyer, OP, INC was represented by Bruce Schaefer, REALTOR®, with Schaefer Associates. The Seller was represented by Attorney Donna Levine in North Haven, CT; the Buyer was represented by Attorney Stuart Margolis with Berdon, Young & Margolis, PC in New Haven, CT.

Tom Doyle, REALTOR®, was the sole Broker in the sale of 16 Farm River Road, East Haven, CT, a 900 SF +/- auto repair and used car sales property and business for $165,000. The buyer, Author and Debra Diglio was represented by Attorney Michael J. Whalen in Branford, CT; The Seller was represented by Attorney Art Zullo with Zullo, Zullo and Jacks, LLC in East Haven, CT

“Demand is still high for both Owner/User and Commercial Investment properties. These three sales fall in those categories and we are pleased to have been able to complete them on behalf of our Seller clients ”, 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 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.