News: Retail

Ferrara of Colonial Properties sells 10,000 s/f bldg. for $525,000

According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., 279 Quinnipiac St., a landmark building in the center of Wallingford has been sold for $525,000. The 10,000 s/f building on two acres was used by the Columbus Club, a chapter of The Knights of Columbus, as a banquet hall and social club. Bill Ferrara of Colonial Properties represented the Columbus Club and Dan Combs Real Estate represented the buyer in the transaction. The buyer plans to redevelop the property. Colonial Properties, Inc. is a full service commercial real estate brokerage firm specializing in owner/landlord representation.
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McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

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