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.
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....
