News: Owners Developers & Managers
Posted: March 4, 2022
Lordship Land, LLC purchases 14.2 acres of industrial land for $10.6m
Stratford, CT Lordship Land, LLC, a commercial real estate developer, has purchased 14.2 acres of industrial land at 775 & 975 Lordship Blvd., for $10.6 million, according to Jon Angel, president of Angel Commercial, LLC, a commercial real estate firm in Southport. The seller was Stratford Land Development Company Limited Partnership.
“The new owner plans to construct warehouse facilities on this property, which is in short supply and high demand in this area,” said Angel, the sole broker in this transaction. “The property is located less than one mile off the exit ramp to I-95, Exit 30 (Lordship Blvd.), and next to the FedEx Ship Center.”
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Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco
Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
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Quick Hits
Columns and Thought Leadership
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IREM President’s Message: Fostering community connections during the holiday season
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