Wallingford, CT O,R&L Commercial, LLC has leased 51,220 s/f of industrial space at 34 Barnes Industrial Rd. South. The building is demised into two sides with multiple docks, drive-ins, and a 7.5 ton bridge crane.
The 20,079 s/f side was leased to Consolidated Electrical Distributors, Inc. for additional storage space. Frank Hird, SIOR of O,R&L represented both the tenant and the landlord, ADM Wallingford, LLC and Tremblant Enterprises, LLC.
The 31,141 s/f space was leased to Red Bull Distribution Co., Inc who will move into their new location in May after renovations are completed to the space by O,R&L Construction.
Hird represented the landlord in this transaction and James Panczykowski with Jones Lang LaSalle represented the tenant.
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.