News: Connecticut
Posted: May 19, 2010
Colliers Dow & Condon and Reno Props. Group broker $1.075m sale
Jim Stanulis of Colliers Dow & Condon and Michael Gallon of Reno Properties Group recently brokered the sale of 60 Avon Meadow Lane, a 15,000 s/f office building. Stanulis represented the seller, Ward Properties of Avon, and Gallon the buyer, Carbray Properties in the $1.075 million sale.
According to Stanulis and Gallon, the investment sale was facilitated through a uniquely structured purchase money mortgage, crafted by the seller's counsel, MacDermid, Reynolds & Glissman, PC in cooperation with the buyer's counsel, O'Connell, Flaherty & Attmore, LLC. The multi tenant office building is fully leased to six companies and will be home to Carbray Staunton Financial Partners, LLC, the buyer's operating business.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
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The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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