O,R&L Brokerage News

Bloomfield, CT – O,R&L Commercial is pleased to announce the lease 
of 2,300 SF at Filley Pond Plaza, 38 Tunxis Road in Bloomfield, CT. Richard Gold and Phil Marshall represented the Landlord in the transaction.

 

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MIDDLETOWN, CT – Steve Foote and Carol Karney of O,R&L
Commercial, LLC of Rocky Hill, CT brokered the lease of 10,000 SF of flex space at 750 Newfield Street in Middletown, CT. 750 Newfield Street is a 19,000 sf flex/retail building with 9,000 SF of street front retail space in the process of being renovated still available for lease. Steve Foote, together with Carol Karney represented the building owner, Tom Staron, while Steve Foote also represented the tenant, MHQ.

MHQ is continually looking for ways to better serve their customers. This progressive outlook has led to a move to the upgraded facility in Middletown, CT, to provide expanded services in the regions market.

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NORTH HAVEN, CT – O,R&L Commercial, LLC announces the leasing of 20,0000 SF at the CROSSROADS MEDICAL CENTER adjacent to the Gaylord/Healthtrax Wellness Center and the new Yale New Haven Hospital Urgent Care Center at 158 State Street to The New Haven Central Hospital for Veterinary Medicine, Inc. The Hospital has been
located on State Street in New Haven for almost 40 years and with this move will be more than doubling its size and providing a long list of subspecialty services including but not limited to orthopedic surgery, dermatology, internal medicine, radiology and critical care. Construction on the new hospital has recently begun with an
anticipated move in date of October 2013.

 

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WETHERSFIELD, CT – Jay Morris and Robert Gaucher, CCIM, SIOR of O,R&L Commercial, LLC of Rocky Hill, CT brokered the sale of a 90,000 SF office building located at 1290 Silas Deane Highway in Wethersfield, CT.   O,R&L Commercial represented both the seller, 1290 Realty, LLC, as well as the buyer,  JMM Properties, LLC. The building sold for $2,000,000.

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Branford, CT – O,R&L Commercial is pleased to announce the sale
of the 12,313 SF automotive facility located at 205 North Main Street in Branford.

Tim McMahon and Frank Hird of O,R&L Commercial represented the seller 155 North Main Street, LLC. Peter Brown of H. Pearce Company represented the buyer Premier Holdings, LLC.

 

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Southington, CT – O,R&L Commercial is pleased to announce the ground
lease of a 3.4 acre retail redevelopment parcel at 365 Queen St. Southington, CT.  Phil Marshall, Toby Brimberg and Frank Hird represented both Galaxy Development and the owner in the transaction.

 

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ENFIELD, CT – O,R&L Commercial real estate brokerage team of Jay
Morris and Colleen Sheridan announced the sale of 1559 King Street, a 184,000 square foot office/warehouse/retail building, situated on 17 acres at Exit 46 along I-91 in Enfield CT to Baker Properties, a division of The Baker Companies, White Plains, NY.  The property was sold for $5.2 million.

Baker Properties specializes in commercial real estate development and acquisition of warehouse and flex buildings on major distribution corridors in New York, New Jersey, Connecticut and Pennsylvania. In over 40 years, Baker Properties has acquired and developed over 7...

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ROCKY HILL, CT – Jay Morris of O,R&L Commercial, LLC, recently represented the landlord, David Pracon, in a seven year lease of a 19,540 square foot industrial building at 71 Hammer Mill Road, Rocky Hill, CT. The tenant, Iron Mountain Information Management, was represented by Jones Lang LaSalle.

Iron Mountain is a world leader in information management services, assisting more than 140,000 organizations in 39 countries on five continents with storing, protecting and managing their information. They employ almost 20,000 professionals at more than 1,000 facilities...

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ROCKY HILL, CT – Richard Gold of O,R&L Commercial, LLC recently completed the sale of 35 Cold Spring Rd (Suite 322), a 1,000 SF Office Condominium for a sale price of $80,000.

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FARMINGTON, CT – Carol Karney and Steve Foote of O,R&L Commercial, LLC recently brokered the sale of 65 Spring Lane, a 42,500 SF industrial building in Farmington Industrial Park, for a sale price of $1,050,000. Karney and Foote represented the seller, FTC Liquidation Company. The buyer, Turbine Technologies, was self-represented.

Turbine Technologies Inc., an aerospace and power generation turbine engine component manufacturing company, has expanded to the point that its current facility at 126 Hyde Road is too small to efficiently accommodate its present and future business plans.

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