O,R&L Brokerage News

ROCKY HILL, CT - The O,R&L Commercial team of  Jay L. Morris and Robert Gaucher, CCIM, SIOR leased 19 Kensington Lane in Rocky Hill to Dungarvin. 19 Kensington Lane is an approximately 5,800 SF office building that is directly in front of the new Alterra Rocky Hill apartment development on Brook Street. The tenant, Dungarvin, plans to use the building as their Connecticut Headquarters and staff training facility. Jay L. Morris of O,R&L Commercial represented the Landlord, Rocky Hill Properties, LLC and the tenant, Dungarvin Connecticut, LLC was represented by Robert Gaucher, CCIM, SIOR of O,R&L Commercial and Robert Lindahl of Robert Lindahl Realty.

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ROCKY HILL, CT - Jay L. Morris, Managing Partner of O,R&L Commercial sold a multi-office building portfolio consisting of office buildings located in Rocky Hill and Berlin, CT. 546 Cromwell Avenue in Rocky Hill consists of a 12,000 SF Medical Office building on 0.91 acres that is 100% leased and sold for $1,600,000. Mill Crossing, located at 1224 Mill Street in Berlin, CT is a multi-building office complex currently consisting of 3 office buildings totaling over 35,000 SF on 6.65 acres that is 100% leased and sold for $3,025,000. Jay Morris, of O,R&L Commercial represented both the seller, Mill Crossing Associates and RH Medical Center Associates, LLC and the buyer, Universal Enterprise, LLC.

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MERIDEN, CT - Carol Karney and Frank Hird, SIOR of O,R&L Commercial leased approximately 8,700 SF of Office/Gymnasium Space at 466 South Broad Street in Meriden, CT. Karney and Hird represented the Landlord, Meriden Business Park, LLC while the tenant, CT Edge Baseball Academy, LLC was unrepresented. CT Edge Baseball Academy also has 3 fields directly located behind the new 8,700 SF facility.

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NEWINGTON, CT - O,R&L Commercial agent Stephen C. Foote sold 3298-3300 Berlin Turnpike  in Newington, CT for $1,000,000. 3298-3300 Berlin Turnpike is an 8,000 SF retail building on  1.01± acres. Steve Foote represented the seller, R&B Realty Trust and the buyer AutoZone, Inc.  was represented by Robert Blank of Sullivan Hayes.

AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the U.S. The company has over 40 stores in CT and over 5,400 stores nationwide.

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GLASTONBURY, CT - Robert Gaucher, CCIM, SIOR of O,R&L Commercial leased approximately 6,698 SF of Office Space at 624 Hebron Avenue  in Glastonbury, CT. 624 Hebron Avenue is a 12,311± SF Class A office building directly off Rt. 2. Bob Gaucher represented the Landlord, 3 Play Realty, LLC. CBRE New England represented the tenant, Mission Control.

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CROMWELL, CT - O,R&L Commercial agent Carol Karney sold 29 Berlin Road in Cromwell, CT for $915,000. 29 Berlin Road is a 8,902± SF Office building on 1.14± acres. Carol Karney represented the seller, LJS Cromwell, LLC. The buyer, Better Business Bureau was represented by David Barnes of CBRE and will occupy the full building. They are moving their CT headquarters from their current location in Wallingford, CT. The BBB helps consumers make smart decisions, and is evolving to meet fast-changing marketplace needs and technology. For more information regarding the BBB, visit the website www.bbb.org/connecticut.

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MADISON, CT - O,R&L Commercial is pleased to announce the sale of the 42,000 SF light industrial facility located at 14 New Road in Madison.  Timothy McMahon of O,R&L Commercial represented the buyer  Stone Heron, LLC.  James Panczykowski of Binswanger represented the seller Garland Associates.  Developed in 1970 for Shoreline Industries, the property had been home to Garrity Industries since 1983 and used for the assembly and distribution of flashlights and butane lighters.  Garrity Industries was acquired by Procter and Gamble in 2006.  The property will become the new home of Pacuda, Inc., a leader in safety and netting systems who will be relocating from Deep River, CT.  The sale price was $2,000,000. 

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BLOOMFIELD, CT - The O,R&L Commercial team of  Jay L. Morris and Carol Karney sold 47 Jolley Drive in Bloomfield, CT for $827,750. 47 Jolley Drive is a 9,460± SF Medical Office building on 1.25± acres. Morris and Karney represented the seller, Thomas Stevens M.D. , who recently retired, operated his Orthopedic Surgery office out of the building. The buyer, Comedo Realty, LLC was represented by Stephanie Pious of Colliers International and will occupy the majority of the building with the Dr. Jennifer Pennoyer, Medical, Cosmetic and Laser Dermatology Practice.   

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WINDSOR, CT - O,R&L Commercial agent Robert Gaucher, CCIM, SIOR leased 22,000± SF of industrial warehouse space at 1220 Kennedy Road in Windsor, CT. 1220 Kennedy Road is a 36,000± SF industrial warehouse building on 3.33± acres. Robert Gaucher, CCIM, SIOR represented the Landlord, RBMM Realty, LLC . The tenant, Tactical Airsoft was unrepresented. At 22,000 square feet in size, Tactical Airsoft will offer the largest indoor Airsoft field in New England.

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ROCKY HILL, CT - O,R&L Commercial is pleased to announce that it was listed as the #1 Commercial Broker in the 2014 Edition of the Hartford Business Journal's Book of Lists.

With over $210,000,000 in commercial sales volume for 2013, O,R&L Commercial is thrilled to be recognized for the accomplishment. The $210,000,000 in sales were comprised of 40 Sale transactions encompassing over 650,000 SF and 126 lease transactions leasing over 1,546,000 SF in the State of CT.

O,R&L Commercial, LLC was founded in 1990 and has 12 Commercial Brokerage agents covering the State of CT. O,R&L Integrated Services boasts over 1000 plus employees companywide in four divisions: Commercial Brokerage, Construction,  Facility Management Services and Facility Maintenance, in multiple locations throughout the United States with headquarters located in Connecticut and Florida. Throughout this period O,R&L has cultivated a database of investors and commercial tenants, and has built relationships with many companies and municipalities.

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