Connecticut Commercial closes $1.755 million sale

The Somers office of Connecticut Commercial Realty & Select Homes has completed the sale of a 27-acre parcel located at 1617 King St. Christy Ryan, of Connecticut Commercial's Somers office, represented the seller, Kei-Bo & Wu, Inc in the transaction. The property was purchased by the Capital Region Education Council (CREC) for $1.755 million, and will be the site of their new Public Safety Academy. The property originally consisted of 36 acres, 27 acres purchased by CREC and an additional 9 acres that were donated by the seller to the Northern Connecticut Land Trust. CREC plans to build a new facility on the site for the Public Safety Academy. The academy will be able to educate 700 students in grades 6-12 in a new 150,000 s/f facility. The seller was represented in the sale by Attorney James Byrne of Byrne & Storm, PC of Hartford, while the buyer was represented by Shawn McMahon of Jones Lang LaSalle Americans, Inc and by Attorney Victor Morganthaler of Mayo Crowe LLC, also of Hartford. Connecticut Commercial Realty and Select Homes is a family-owned and operated company with brokerage in Conn., Mass. and R.I.