Norwich, Connecticut – O,R&L Commercial is pleased to announce an Industrial building Sale located at 243 Vergason Ave, Norwich, CT. The property is located on 10.11 acres with access to I-395, CT-Route 2 and CT-Route 32. The 57,000 SF Industrial / Flex / Warehouse building was 53% occupied at the time of the sale with the existing tenant, American Systems occupying approximately 30,000 SF. American Systems, Inc. has been a tenant in the building since 2019 and has been delivering IT and Engineering solutions to complex national priority programs since 1975. Based in Washington D.C., American Systems, one of the largest U.S. employee-owned companies, is a government services contractor focused on delivering valued services to their customers in areas of National Priority – keeping our nations and its citizens safe from all enemies, both foreign and domestic. Frank Hird, SIOR and Will Braun of O,R&L Commercial in Branford, CT represented the Seller 243 Warehouse LLC and also procured the buyer 243 Vergason, LLC.
The building transferred for $3,300,000. The remaining 27,0000 SF in the building was available for Lease at the time of Sale offering up to 2 drive-in doors, 2 loading docks and heavy power for a future tenant.
O,R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords, tenants, sellers and buyers in the office, retail, medical, multi-family, investment and industrial markets.
O,R&L Integrated Services is a full-service real estate firm that specializes in Commercial Real Estate Brokerage, Commercial Construction, and Facility Management and Maintenance. For additional information on this sale or other transactions you may contact O,R&L Commercial at 203-488-1555 and for more information regarding O,R&L Commercial, visit online at www.orlcommercial.com.
