Galvin of Pearce Commercial brokers three transactions totaling 21,590 s/f
John Galvin of H. Pearce Commercial Real Estate recently leased 6,250 s/f of industrial/warehouse space at 11 Heritage Park Rd. to National Sintered Alloys, Inc. Galvin represented both the tenant and the landlord, Clark Development Corp.
In another transaction, Galvin brokered a lease at 51 Boston Post Rd., Madison for 1,620 s/f for five years. Galvin represented the landlord, Elm City Industrial Properties, Inc., and the tenant, Salon Enterprises, LLC, an upscale beauty salon.
Galvin also sold a mixed use commercial/residential building of 13,720 s/f at 993 Boston Post Rd., Guilford, to 993-995 Boston Post Road LLC. Galvin represented the buyer and the seller, RCR Enterprises LLC. The building includes Citizen's Bank branch, hair salon and personal fitness center, plus 8 apartments.
The building is fully leased. This property was listed on August 24 and closed on October 21.
Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.