O,R&L Brokerage News

200 Church St Photo PR

Wallingford, CT - O,R&L Commercial, LLC is pleased to announce the Sale of a 17,600± SF Retail Investment property located on Route 68 at 200 Church Street in Wallingford, CT. The neighborhood center was 100% occupied at the time of the Sale with a retail tenant mix consisting of: a printing/marketing company, several restaurants, retail stores and a recycling redemption center. Rich Guralnick, CCIM and Toby Brimberg of O,R&L Commercial in Branford represented the Seller, Edward A. Renn Trustee and Phil Marshall also of O,R&L Commercial in Branford represented the Buyer, Northern Star CT Inc. The property transferred for a Sale Price of $1,650,000.

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34 Barnes Indus Rd S PR

Wallingford, Connecticut - O,R&L Commercial, LLC has Leased over 51,200 SF of Industrial space located at 34 Barnes Industrial Road South in Wallingford, CT. The building is demised into two sides with multiple docks, drive-ins, and a 7.5 ton bridge crane. The 20,079 SF side was leased to Consolidated Electrical Distributors, Inc. for additional storage space. Frank Hird, SIOR of O,R&L Commercial in Branford represented both the Tenant and the Landlord, ADM Wallingford, LLC and Tremblant Enterprises, LLC.

The 31,141 SF side was leased to Red Bull Distribution Company, Inc who will move into their new location in May 2020 after renovations are completed to the space by O,R&L Construction, also out of Branford. Frank Hird, SIOR represented the Landlord in this transaction and James Panczykowski with Jones Lang LaSalle represented the tenant, Red Bull Distribution.

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21 BPD rszd

Branford, CT - O,R&L Commercial, LLC has completed a long-term lease for 12,030 SF of Biomed-Tech space located at 21 Business Park Drive in Branford, CT. Richard Guralnick, CCIM of O,R&L in Branford, CT was the sole broker in the transaction. After extensive renovations and upgrades to the facility Azitra Inc. will be moving from their present location in Farmington, CT to their new Branford Business Park Drive location in February 2020.

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Carriage Shop photo PR

Branford, Connecticut - O,R&L Commercial, LLC sold two parcels on North Main Street (Route 1) in Branford, CT for a total sale price of $1M. 206 North Main Street consisted of 1.20± acres of commercial land and sold for $550,000. 200 North Main Street consisted of a 6,760± SF auto repair building on 0.66± acre, the former Carriage Shop property, and sold for $450,000. Frank Hird, SIOR of OR&L Commercial in Branford represented both the Seller of the two parcels – Carriage Motors LLC and the buyer of both, Premier 205 North Main Realty LLC.

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Hartford & New Haven, Connecticut Markets - Luke Massirio of O,R&L Commercial, LLC has recently leased over 51,000 SF in the Hartford and New Haven markets.  

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150W old pic

New Haven, Connecticut - O,R&L Commercial, LLC sold the Iconic restaurant building known as “Tony & Lucille’s Little Italy”, located at 150 Wooster Street in the “Little Italy” section of New Haven, CT. Situated on a corner lot with its own private parking lot (0.35 acre), the building consisted of over 5,600 SF of restaurant space. The property had been in the same family for decades and was a fixture on Wooster Street for 53 years.

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831 849 S Main Aerial 2 labeled rszd PR

831-849 South Main Street, Cheshire, Connecticut - O,R&L Commercial, LLC sold two parcels totaling 1.65 acres and 13,000 SF situated at the signalized intersection of South Main Street/Route 10 and North Brooksvale Road/CT Rte 42 in Cheshire, CT. The property transferred for a Sale Price of $1,900,000. 831 South Main Street consisted of a 1,858 SF former gas station/mini-mart property on 0.43 acre and 849 South Main Street consisted of 11,100 SF retail space and a commercial garage on 1.22 acres. Toby Brimberg and Rich Guralnick, CCIM of O,R&L Commercial in Branford represented the Seller, Danaher Realty LLC. The Buyer, Sami Jamal was represented by Katherine Curry and Gary Pruitt of Century 21 in Glastonbury. The new owners have plans to fully upgrade the building and grounds and will be affiliated with a major national brand gas company.

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Sams Club for PR

Syracuse, New York - O,R&L Commercial, LLC sold the 134,444± SF Retail building, a former Sam’s Club, on 14.2 acres located at 2649 Erie Boulevard in Syracuse, New York. Phil Marshall of O,R&L Commercial in Branford represented the buyer, Hampshire Venture Partners LLC who will turn the building into a Self-storage facility. Bill Anninos of CBRE Syracuse represented the Seller, Sam’s Real Estate Business Trust. The property transferred for a Sale Price of $5,575,000.

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1347 BPR 1 rszd for website

Madison, Connecticut - O,R&L Commercial, LLC sold The Marketplace in Madison, CT, an 18,030 SF Retail / Office Investment Property located at 1347 Boston Post Road. The property is a mixed use two story retail / office building with a history of long-term tenancy. Designed with typical New England charm, the building sits on 1.21 acres adjacent to the Hammonasset State Park with easy access to I-95 and the shoreline. Frank Hird, SIOR and Phil Marshall of O,R&L Commercial represented both the Seller, 1347 Marketplace LLC and the Buyer, Robert Von Ancken. The property transferred for a Sale price of $2,795,000. 

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New front rzd for PR

East Haven, Connecticut - O,R&L Commercial, LLC sold the South Shore Plaza, a 39,161 SF Retail / Mixed use neighborhood center located at 662 Coe Ave and 16 Hemingway Ave in the town of East Haven, CT. The property consists of an 18,630 SF retail shopping center and 2 commercial garages on 2 parcels totaling 2.9 acres located at the signalized intersection of Coe Ave / Hemingway Ave and Short Beach Road.  O,R&L Commercial’s Frank Hird, SIOR and Phil Marshall represented the Seller, Rossano Realty LLC. The Buyer, DeLaurentis Management Corp was unrepresented. The property sold for $2,150,000.     

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