News: Connecticut
Posted: November 17, 2023
NAI Glickman Kovago & Jacobs brokers $1.1 million sale of 18,000 s/f industrial building
Putnam, CT Holzknecht Holdings LLC sold its 18,000 s/f industrial facility at 1 Ridge Rd. to Dandeneau Properties LLC.
NAI Glickman Kovago & Jacobs (NAIGKJ) vice president, Jeff Borus, represented both parties in the transaction saying, “This transaction represents a significant step forward for both parties. Putnam Plastics, an engineering and manufacturing company that specializes in polymer tubing used in medical devices, will occupy the building. Their intent is to seamlessly integrate the property into its manufacturing and warehouse operations. NAIGKJ is honored to have played a key role in facilitating this transaction on both ends and look forward to witnessing their continued success and expansion as they embark on this new chapter.”
The sales price was $1.1 million.
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