News: Connecticut

Lombardo of Pearce Real Estate sells 40,000 s/f building and 6 acres in East Haven for $1.8 million

110 Commerce Street - East Haven, CT

East Haven, CT According to Pearce Real Estate, Richard Lombardo of the Milford office, sold a 40,000 s/f building on 6 acres located at 110 Commerce St. for $1.8 million.

The location was the site of Tek-Motive Inc., a business run by the Moalli family, who closed the business. Lombardo was the agent for the seller, Thomas Moalli the president. David Richard from Colliers International was the agent for the buyer, BHD CT Realty LLC. The principals purchased the building as an investment.

 

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