Middletown, Connecticut – O,R&L Commercial, LLC brokered a 24,800 SF Industrial Investment Sale located at 299 Industrial Park Road, Middletown, CT. The property transferred for a sale price of $1,795,000. The building consisted of high-bay warehouse space with nicely appointed offices/showroom space on 2.42 acres and was approximately 50% occupied at the time of the sale. Frank Hird, SIOR and Adam Gregg of O,R&L Commercial in Branford represented the Seller – Twenty Lexington, LLC and also procured the Buyer – Eighth Union LLC. O,R&L Commercial is presently marketing 13,193 SF of Flex space for the new owner at a Lease Rate of $7.75/SF NNN.
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.