Atherton and Rhatigan of Atherton & Associates broker 17,400 s/f lease

After brokering the sale of 482-484 Pepper St. to a local investor, Pepper Partners LLC, in November of 2012 Bryan Atherton, CCIM, president of Atherton & Associates and Richard Rhatigan, senior vice president, have leased the 17,400 s/f space at a rate of $5.70/sf to Datto, Inc. of Norwalk. Datto, Inc. will occupy the entire building, consisting of 11,700 s/f of industrial space and 5,700 s/f of office space. 482-484 Pepper St. is located off of Rte. 25 in one of Atherton's many areas of expertise within the state of Connecticut. "We were glad to place them there," Atherton said. "The strong demand for Monroe industrial space has created a tight market due to the lack of new construction. Vacancy in this market is virtually non-existent at the moment with properties with specific utility." Colin Reilly and Barbara Segalini-Stilley of CBRE represented Datto, Inc. in the execution of the 5 year lease.