Hillyer Commercial and Pequot Commercial co-broker $385,000 sale
The East Lyme-based firm of Hillyer Commercial and Pequot Commercial of Waterford have co-brokered the sale of the property located at 143 State St. to Bosswell Realty, LLC for $385,000.The one-story 9,000 s/f building with two store fronts houses the Bank Street Pawn Shop and recently the Mystic Fine Arts shop.
Bob Boivin, a broker with Hillyer Commercial, and attorney Konstant Morell represented the buyer, Bosswell Realty LLC, while Norman Peck of Pequot Commercial and attorney Lewis Platt represented the sellers, Leland and Sandra Ryder.
Hillyer Realty operates divisions in commercial and residential sales, leasing and management, and is located at 312 Flanders Rd. in East Lyme.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary