Commercial Real Estate News
Acquisition
Industrial Property Sells for $550,000 in Milford, CT
MILFORD, CT – AUGUST 11, 2017 – Jon Angel, President of Southport-based Angel Commercial, L.L.C., announces the sale of an industrial building located at 53 Warfield Street in Milford, CT, for $550,000.00. The property, owned by GNN Realty Inc. in Greenwich, CT, consists of a 6,050 SF one-story building on .53 acres. The new owner is TP Warfield Properties, LLC, who will be leasing the property to T-Dev, Inc., a construction company that supplies and delivers landscaping materials.
“We will be moving our offices in Bridgeport and Stamford to 53 Warfield Street in Milford, ” states John Campbell, T-Dev, Inc.’s Office Manager. “We will be expanding our product offerings and purchasing new equipment. We will also be hiring an additional driver and diesel truck mechanic.” T-Dev, Inc. provides mulch, topsoil, rock, asphalt, and gravel to businesses and consumers.
“With easy access from major highways and parkways, the property’s location is ideal for its intended use,” states Angel, who was the sole broker in this transaction. “It is great to have the opportunity to assist a growing business.”
Angel Commercial, L.L.C. is a full-service real estate brokerage firm headquartered in Fairfield County, Connecticut. The company specializes in the acquisition, disposition, and leasing of office, industrial, multifamily and retail properties on a local and national level. Visit Angel Commercial, L.L.C. on the web at www.angelcommercial.com.
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