The Geenty Group, Realtors, reports the sale of a three- building complex totaling 32,000 SF on 4.45 acres at 49 & 55 Fowler Road, North Branford. The sale price was $1,725,000.00. The Buyer is Fowler Road, LLC. The Seller was Russ & Russ Realty, LLC. The Buyer will use the buildings for storage and distribution of PPE (personal protective equipment). 55 Fowler Road is a fairly new building for warehousing and distribution with 32’ clear ceiling heights. Kevin Geenty was the sole broker in this transaction. The Seller’s attorney was Jeffrey Beatty of Guilford. The Buyer’s attorney was Brian Lema of Berchem Moses of Milford. The financing was provided by Guilford Savings Bank.
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....