Lyman of Lyman Real Estate completes sale of 4.32 acres

Ron Lyman, Lyman Real Estate

Colchester, CT Ron Lyman, CCIM, CEO of Lyman Real Estate, has completed the sale of a 4.32 acre parcel in downtown at 43 Broadway. The land is situated at the Town Green, which is located at the intersection of Rtes. 85 and 16.

Lyman was the sole broker for the $520,000 transaction between seller Cheryl Dolloff, Trustee of Karen Rochette Trust, Denise Wagner Trust and Deborah Chyinski Trust, and buyer Jamie Noel of JJ Noel Realty, LLC. Noel also owns the abutting property at 15 Broadway, with Rite Aid and Starbucks tenants. Property was purchased for future retail development.

Lyman Real Estate Brokerage & Development, headquartered in Westbrook, Conn., represents commercial and residential buyers, sellers, landlords and tenants. For more than 30 years, the firm has been providing a full range of commercial brokerage and development services, and has helped bring prominent national and regional companies into the area.

43 Broadway - Colchester, CT

Reprint

Next Story Previous Story

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Front Section

CoreNet Global - New England Chapter opens 2025 A...

Front Section

Bulfinch’s Cambridge Discovery Park receives th...

Front Section

NAI Glickman Kovago & Jacobs broker two sales tot...

Front Section

Kelleher and Pentore of Horvath & Tremblay handle...

READ ON THE GO

DIGITAL EDITIONS

Browse Now

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

STAY INFORMED FOR $9.99/Mo.

NEREJ PRINT EDITION

Browse Now

STAY CONNECTED

SIGN-UP FOR NEREJ EMAILS

Columns and Thought Leadership

Ask the Electrician: How do I prepare my commercial building for a disaster?

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 Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

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!

Investing in a falling rate environment - by Harrison Klein

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 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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