The Geenty Group, Realtors reports the sale at 553 Portland-Cobalt Road in Portland, CT. The property is a multi-tenant office building with river views set on a large parcel of land on state Route 66. The sale price was $513,000. The Buyer is Lin Fei Huang. The Seller is Portland-Cobalt Road, LLC. The property is a 3,586 SF, two-story wood frame building where a dentist is the tenant on the first floor while the second floor is occupied by a hair salon and by an attorney’s office. The Buyer is a real estate investor who purchased this fully leased building. Kristin Geenty and Kevin Geenty were the Brokers for the Seller. Kerry Hart of the Lori Vogel Team at William Raveis’ Middlefield office was the agent for the Buyer. Attorney George A. Law of Portland was the attorney for the Seller. The Shapiro Law Office in Middletown represented 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...
