News: Connecticut
Posted: January 19, 2018
Lyman of Lyman Real Estate brokers $1.75 million sale
Lyman Real Estate
Plainfield, CT Truckload carrier Western Express has purchased a 12.85-acre facility at 1293 Norwich Rd. for $1.75 million. Ron Lyman, CCIM, CEO of Lyman Real Estate, brokered both sides of the deal.
The seller was P. Camp, LLC, of Jewett City, with procuring manager Ricky McDonald handling the transaction for Western Express.
The property is comprised of two adjacent parcels and a 30,740 s/f building. This will be the ninth location for Western Express, which is based in Nashville, TN, and operates facilities across the country. The company has grown to become a large tier industry truckload carrier, running approximately 2,500 power units and more than 6,500 trailers, and reporting 2014 annual revenue in excess of $550 million.
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