News: Front Section
Posted: May 8, 2014
Morizio of Colliers International completes $3.5 million sale of industrial building
Nicholas Morizio, SIOR, CRE of Colliers International completed the sale of 35 Manning Rd. for $3.5 million. This 235,000 s/f industrial building is the former Hallmark Cards distribution center.
Enfield Distribution Center, LLC purchased the building from Best Realty Associates. Morizio represented the seller and buyer in this transaction.
There will be numerous improvements to the property to attract new tenants. Colliers International is the leasing agent for this property.
Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 countries. A subsidiary of FirstService Corp., Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research.
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