O,R&L Brokerage News

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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MERIDEN, CT - O,R&L Commercial, LLC announces the sale of 75 South Colony Street in Meriden, CT. The 15,641 SF building was sold to Efrain Valentin of Valentin Karate School. The building will be fully renovated and will be the headquarters for Valentin Karate. Frank Hird SIOR and Tim McMahon of O,R&L Commercial represented the The Record-Journal Company in the transaction. Valentin was unrepresented. John Murphy of John J. Murphy Law Offices represented the seller and Neil Ivers represented Mr. Valentin. Financing was provided by Ion Bank of Naugatuck and Community Investment Corporation was the SBA Lender.

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GLASTONBURY, CT - The O,R&L Commercial team of  Jay L. Morris and Stephen C. Foote sold 65 Kreiger Lane in Glastonbury, CT for $980,000. 65 Kreiger is a 9,812± SF industrial building on 0.92± acres. Morris and Foote represented the seller, R.A.D.D. Co., LLC.  The buyer, EGI Properties, LLC was represented by Century 21.

The Ergonomic Group, a New York-based IT company, will house its Connecticut operations in the 9,812-square-foot flex building. Headquartered in Manhattan, Ergonomic Group has regional offices in Bedford, Mass., Princeton, N.J. and Westbury, N.Y.

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SOUTHINGTON, CT – Carol Karney of O,R&L Commercial sold 24 Robert Porter Road in Southington for $757,000. 24 Robert Porter Road consists of a 13,325± SF industrial building on 1.34± acres. Carol represented the seller, David Scranton, and the buyer, Delmic Enterprises, LLC, was represented by NAI Elite Commercial’s Carl Berman. 

 

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NEW BRITAIN, CT – Jay L. Morris of O,R&L Commercial sold 45 Russell Street in New Britain CT for $123,500.   The 2 story, 3,548± SF stand-alone office building is situated on 0.40± acres and was known as the American Red Cross office. The property was purchased by Twigs & Cracker, LLC.  for use as the new home office of ML Therapies LLC, which specializes in mental health.

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ROCKY HILL, CT – The O,R&L Commercial team of  Jay L. Morris and Robert Gaucher, CCIM, SIOR sold 2080 Silas Deane Hwy in Rocky Hill, CT for $3,800,000. 2080 Silas Deane Hwy is a 43,465± SF office building on 2.65± acres. The building was 100% leased at the time of the sale making this a great investment for the buyer Twenty Eighty Professional Center LLC.   Morris and Gaucher represented both the seller, 2080 Realty, LLC and the buyer Twenty Eighty Professional Center LLC.

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GLASTONBURY, CT - Robert Gaucher of O,R&L Commercial sold 371-379 Naubuc Avenue in Glastonbury, CT for $1,042,500.   The 6,300± SF medical building on 2.46± acres will be the new location for Smiles for the Future Pediatric Dentistry and Orthodontics, a pediatric dental practice currently located at 49 Welles Street in Glastonbury. 

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NEWINGTON, CT – Stephen Foote of O,R&L Commercial announces the sale of 56 Budney Road in Newington, a 17,500 square foot industrial building, situated on 1.78 acres.  The property owned by TJ Real Estate, LLC., sold for $850,000 to ELTSAC, LLC.  Steve Foote of O,R&L Commercial was the sole broker in this transaction. 56 Budney Road will be the new home for the manufacturing company of Advanced Torque Products.   

 

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