O,R&L Brokerage News

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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MIDDLETOWN, CT – Jay Morris and Bob Gaucher, CCIM, SIOR of O,R&L Commercial, LLC recently represented the tenant, The Connection Fund, LLC, in leasing 22,140 square feet of office space at 100 Roscommon Park in Middletown, Connecticut. The Landlords, Roscommon Infinity, LLC and MK Roscommon, LLC, were represented by Pat Mulready of CB Richard Ellis. 

The Connection, Inc. is a nonprofoit Human Services and Community Development agency established in Middletown that maintains 38 programs across the state, providing services in the areas of supportive housing, women and children, behavioral health and community justice.  

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GUILFORD, CT – Frank Hird, SIOR of O,R&L Commercial, LLC recently completed the sale of 385 Long Hill Road, a 128,000± SF industrial  building for a sale price of $1,375,000. Frank represented the seller, Oce Imaging Supplies Inc. Tim McMahon and Richard Gold of O,R&L Commercial, LLC represented the buyer, Seidman Guilford Realty LLC.

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NORTH HAVEN, CT – Tim McMahon of O,R&L Commercial, LLC recently completed the sale of 432 Washington Ave, a 24,100 SF office building for a sale price of $1,500,000. Tim represented the seller, Circle Media Inc., and Toby Brimberg of O,R&L Commercial, LLC represented the buyer, Easter Seals Goodwill Industries, Inc.

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PayChex Leases Space at WinBrook

ROCKY HILL, CT – Jay Morris and Bob Gaucher, CCIM, SIOR of O,R&L Commercial, LLC recently completed the leasing of 32,351 square feet of build-to-suit office/fulfillment center space at 714 Brook Street in the Winbrook business park.

O,R&L represented the landlord, WEW 714 Brook Street LLC. The tenant, Paychex North America Inc., was represented by Todd Smith of the Acclaim Group.  The company will be moving from its current Rocky Hill location at 55 Capital Boulevard. Paychex is a publicly traded company headquartered in New York, with over 100 locations across the country.

Click here to see available space WinBrook Business Park.

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Sale of 77 Leibert Road, Hartford, CT

HARTFORD, CT – Carol Karney and Steve Foote of O,R&L Commercial, LLC recently completed the sale of a 28,284 square foot auto dealership at 77 Leibert Road, Hartford, Connecticut for $2,350,000.

O,R&L represented the seller, Tony March Buick, Inc. The buyer, Auto Corner LLC, represented themselves.  The building will be used as a service center for the Valenti Motors dealerships until a franchise for this location is established.

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