According to the Hartford Business Journal, A Shelton-based developer recently acquired three Milford properties for $10 million, including the former Subway headquarters, with plans to build a new 160,000-square-foot distribution center and renovate two existing buildings. The project, valued at $20 million, received town approval and involves demolishing the corporate headquarters, constructing the distribution center […]

According to the Hartford Business Journal, a 37,000-square-foot manufacturing building at 129 Reservoir Rd., in Vernon was recently sold for $1.7 million. The property sits on 5.2 acres and had been the headquarters for an aerospace subcontracting manufacturer. Click Here: Vernon manufacturing building sells to Illinois holding company for $1.7M for more information.

Sentry Commercial is pleased to announce that Broadleaf Property, LLC has purchased 3 Creamery Brook, East Granby, CT from DSGT, LLC. The 4,000 SF office building on 1.18 acres sold for $1,000,000. Sentry Commercial represented the buyer and Lis Real Estate, Inc. represented the seller in this transaction.

Sentry Commercial is pleased to announce that Holmes Asset Management, LLC has sold 20 Holmes Road, Newington, CT to Syman Properties, LLC. The 12,240 SF warehouse on 1.05 acres sold for $625,000. Sentry Commercial represented the seller and was the sole broker in this transaction.

  According to the seller’s broker article, 546 Cromwell Ave. LLC sold a property to Lpaks, LLC, a Pennsylvania corporation, for $1,339,000. The sale was part of a 1031 Exchange from a gas station in Pennsylvania. The all-cash transaction was completed within three weeks of contract execution.