News: Front Section
Posted: October 21, 2022
Trotta of Lyman Real Estate facilitates $1.647 million sale of 58 acres in Connecticut
Killingly, CT Smithfield, RI-based Douglas Construction has purchased an assemblage of four parcels at 738-800 Hartford Pike, totaling 58 acres. The deal was announced by Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development.
Lyman broker Carolyn Trotta represented both the buyer and sellers for three of the parcels, and the buyer for the fourth, whose seller was represented by Rene Barbeau, Jr., of RE/MAX Bell Park Realty. The properties sold for a combined price of $1.647 million.
The buyer acquired the land to develop as a warehousing and distribution site to bring continued business and economic growth to the area and the I-395 corridor.
Founded in 1957, Douglas Construction has built a host of construction and development projects in R.I., Conn., and Mass., and other parts of the Northeast region.
Lyman Real Estate Brokerage & Development, headquartered in Westbrook, Connecticut, 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. For additional information, please contact Carol Dowd, Administrative Assistant and Head of Marketing, at carold@lymanre.com or 860-887-5000.
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