The Geenty Group, Realtors, reports the sale at 35-41 Industrial Park Road, Essex, CT. The purchase price was $740,000. The Seller was Darshan, LLC, and the Buyer is 35 Industrial Park, LLC. Erik Schafer and C.J. Bardy are the Members. The property consists of a light industrial building on land owned in common by a condominium association, which will be significantly renovated to become a self-storage facility. The Buyer and his business partner are developers who develop and redevelop commercial properties to self-storage facilities. The Buyer worked extensively with the Essex CT Zoning Commission and was successful in having the self-storage use added to the light industrial zone in Essex. Kevin Geenty was the broker for the Seller, and Penny Parker of Lyman Commercial Real Estate in Westbrook was the agent for the Buyer. Jeffrey T. Beatty of Sullivan, Griffith & Beatty in Guilford was the attorney for the Seller. Robert Avena of Suisman & Shapiro in New London was the attorney for the Buyer.
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...
