The Geenty Group, Realtors sells 951 Bank Street for $550,000
October 17, 2013 - Connecticut
The Geenty Group, Realtors, completed the sale of 951 Bank St. for $550,000. The seller was Coca-Cola Bottling Company of Northeastern New England, Inc. The building is 52,000 s/f and sits on 5.1 acres on Rte. 1.
The buyer is Responsible Landholdings Northeast, LLC. Michael Schwartz is the LLC member. They will be leasing the property after full renovation to Mike's Famous Harley Davidson dealership. Mike's will locate their full service sales and repair business to this location. Mark Smith of Coca-Cola Bottling Company of Northeastern New England was the liaison between all of the parties and was instrumental in bringing this transaction to fruition.
Kevin Geenty, SIOR, and Kristin Geenty, SIOR, were the agents for the seller. Daniel Del Grosso of Best Brokers was the Buyer's agent. K. E. Sternlof, Esq. and Atty. Ellen Brown of Waller Smith Palmer in New London were the buyer's attorneys, and James Kerouac, Esq. of Nixon Peabody in Manchester, N.H. was the attorney for the seller.