O,R&L Brokerage News

99 Ash

Cheshire, Connecticut - O,R&L Commercial, LLC sold the 12,875± SF Industrial / Flex building located at 500 Cornwall Ave in Cheshire, CT. The property sold for $470,000 and the new owner Darter Properties, LLC who owns the adjacent property is expanding and will be running their custom sportswear and promotional business out of the building. Toby Brimberg of O,R&L Commercial represented the seller, Cornwall Properties LLC and was the only broker involved in the sale.   

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99 Ash

WETHERSFIELD, CT - O,R&L Commercial, LLC sold a 3,800± SF Commercial Building for $525,000 in Wethersfield, CT. The building is located at 60 Beaver Road and has excellent visibility from Rt. 99. Luke Massirio of O,R&L Commercial represented the seller, Patrick Hallisey, LLC and the buyer, Zenu Realty, LLC was represented by Neil Howett of Berkshire Hathaway.

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85 Willow

EAST HARTFORD, CT - O,R&L Commercial, LLC sold a 30,544± SF Commercial Building for $1,575,000 in East Hartford, CT. The building is located at 99 Ash Street and has excellent visibility from I-84. Jay L. Morris and Luke Massirio of O,R&L Commercial represented the seller, Ash Realty Associates, LLC and the buyer, Ash Street Holdings, LLC dba KIA of East Hartford, Inc., LLC was represented by Nick Morizio of Colliers International.

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85 Willow

TRUMBULL, CT - O,R&L Commercial is pleased to announce the sale of the former Canon USA North American Headquarters in Trumbull, CT. The 78,692 SF office building on 10.78 acres will be demolished to make way for a new ground-up rental community consisting of 202 units in six buildings offering the latest luxury amenities and modern conveniences. Tim McMahon and Rich Lee of O,R&L Commercial in Branford, CT represented the Seller, Canon USA and procured the Buyer, Trumbull Developers, LLC.  The purchase price was $4,500,000.

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85 Willow

WEST HAVEN, CT - O,R&L Commercial, LLC announces the sale of a 24,317 SF Light Industrial / Flex building on 1.25 acres in West Haven, CT. The property is located directly across from the Metro-North West Haven train station at 45 Railroad Ave. Richard S. Guralnick, CCIM of O,R&L Commercial in Branford represented the seller, L & A Realty. 

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85 Willow

UNIONVILLE, CT - O,R&L Commercial, LLC announces the long-term Lease of the 2,530 SF commercial restaurant building formerly used as a Friendly’s located on Farmington Ave in Unionville, CT. Toby Brimberg and Phil Marshall of O,R&L Commercial in Branford represented the Landlord, Urstadt Biddle Properties Inc and also procured the tenant, Unionville Family Restaurant.

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85 Willow

BRANFORD, CT - O,R&L Commercial, LLC sells 2 commercial buildings totaling 11,200 SF on 1.23 acres located at 139 West Main Street (Route 1) in Branford, CT. The property, formerly known as Birbarie Marine, sold for $825,000 to Sound Real Estate LLC. The new owner, Dan Merriam’s Sound Auto Wholesalers is a family owned auto dealership with over a 60-year history currently located on Frontage Road in East Haven. Sound Auto has plans to make significant improvements to the property to accommodate a new dealership. Toby Brimberg of O,R&L Commercial in Branford represented the seller, 139 West Main Street LLC and also procured the buyer. 

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85 Willow

BERLIN, CT - O,R&L Commercial, LLC leases 6,710± SF warehouse / flex space located at 1623 Berlin Turnpike, Berlin, CT. The new tenant, Automated fba, LLC (Fulfillment by Amazon) will commence operations this fall in time for the holiday season. Amazon has created one of the most advanced fulfillment networks in the world. With companies such as Automated fba, products from “Sellers” are shipped and stored in off-site third party fulfillment centers, and subsequently are “picked, repackaged and sent” to Amazon’s large distribution centers where they are shipped to online customers. This concept allows businesses to sell their products, scale their business, reach more customers, and not worry about the fulfillment headaches. Third party fulfillment companies like Automated fba offer competitive fees and shipping capabilities helping to cut costs, while providing valuable benefits such as free shipping, increased exposure for products, and exceptional customer service and returns. Richard S. Guralnick, CCIM of O,R&L Commercial in Branford represented both the Landlord, Canyon Properties, LLC and the new tenant.       

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Flanders Plaza

EAST LYME, CT - Jay Morris of O,R&L Commercial, LLC sold a 60,000± SF Class “A” Regional Shopping Center anchored by CVS, Tri-Town Foods Supermarket, McDonald’s and Citizens Bank. Flanders Plaza, located at 9-19 Chesterfield Road in East Lyme is a multi-building mixed use Retail /Office /Medical Plaza on 7.27 acres. The location of this center is on Rt. 1 just off the intersection of I-95 and I-395. At the time of sale the Center was 100% leased with many national / credit tenants. Jay L. Morris of O,R&L Commercial was the sole broker in the transaction. The seller was GFP Flanders Plaza, LLC and the buyer was Developers Consolidated Realty. The financing was provided by Brett Eagleson of Guilford Savings Bank.

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1206 Silas Deane Highway

NEW BRITAIN, CT - O,R&L Commercial, LLC recently completed a Sale/Leaseback for Starling Physicians of a 140,000± SF Medical Office Portfolio consisting New Britain’s two premier Medical Office Buildings.

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