The Geenty Group, Realtors, reports the sale at 55 Plains Road, Essex. This property is a 19,840 SF, modern light industrial building with particularly good office space, kitchen, and break room areas. The sale price was $1,070,000. The Buyer is F. M. Properties, LLC. Fred Malcarne is the President. The Buyer’s operating company, Winthrop Tool, Inc., will occupy the bulk of the building once major renovations and upgrades are completed.. The Seller is W. C. Lyon Investments, LLC. The Geenty Group will be offering the balance of the building for lease. Kevin Geenty SIOR and Kristin Geenty SIOR were the agents in this transaction. Attorney Michael E. Cronin, Jr. of Old Saybrook was the attorney for the Buyer, and Attorney W. Campbell Hudson of Essex was the attorney for the Seller.
2 New Leases at Commerce Drive in North Branford
The Geenty Group, Realtors reports two leases at 21 Commerce Drive, North Branford. The Landlord is W. E. Hitchcock, LLC. The Geenty Group Realtors represented the Landlord as they have done for 30 years. The first lease is for 16,000 SF for a five-year term....
