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.
TeraDAR Leases Space in Guilford
The Geenty Group, Realtors reports a ten-year lease of 21,800 SF of office and assembly space at 1 Shoreline Drive, Guilford. The Tenant is TeraDAR, Inc. Matthew Carey is the President. TeraDAR will use the space for the assembly and testing of specialty items for...