Fred A. Messore, SVP, was the sole broker in the sale of a 12,000 +/- SF Commercial/Industrial building on .75 +/- acres located at 155 Adeline Street (aka 485 Ella Grasso Boulevard), New Haven, CT for $530,000. The former Shuster Mettler Corporation building was purchased by Unique Auto Sales, LLC. The Seller, Worldwide Classic Car Consulting, LLC was represented by Attorney Randy P. Kabakoff of Rogin Nassau, LLC in Hartford, CT; the Buyer’s attorney was Patrick W. Frazier in Hamden, CT.
Tom Woodward represented the Landlord, Huntington Woods, LLC, in the leasing of 1,527 +/- Retail space located at 702 Bridgeport Ave, Suite 101B, Shelton, CT for a five (5) year term. The Tenant will be opening a cigar store/smoke shop. The Landlord’s attorney was Stephen Bellis of The Pellegrino Law Firm, P.C. in New Haven, CT; the attorney for the Tenant was George Boath of Zanella, Boath & Associates, LLC in Stratford, CT.
“As the year comes to an end, we are seeing robust activity across the Commercial markets. These two transactions demonstrate demand in both the Industrial and Retail sectors. Investment Properties as well as Multi-Family and Raw Land also continue to be strong with Office lagging”, 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.
