Industrial Property in Hamden Sells for $1.9M

According to the Hartford Business Journal, an industrial building located at 925 Sherman Ave. in Hamden has been purchased by MM Paterson LLC for $1.9 million. The property encompasses 4 acres and offers 32,000-square-feet of industrial warehouse space, complemented by 12,000-square-feet designated for office use. It features multiple tenant spaces, currently housing businesses such as Ilumiyo LLC, BMP Custom Prints LLC, Corvin Inc., and MGM Instruments. Previously sold for $950,000 in June 2019, the building’s appraised value stood at $1 million as of 2023.

To read the full story, click here: Hamden industrial property trades hands for nearly $2M