80 Shaker Road LLC has purchased the industrial property located at 80 Shaker Road in Enfield, CT from Parker Hannifin Corp. The $2,056,000 sale occurred on 8/29/2016 and features approximately 33,170 square feet of manufacturing and warehouse space located on 5.23 acres of commercial land.
A pair of industrial buildings in Windsor, CT sold for $1.75M on August 9th, 2016 at a pro forma cap rate of 9.39%. This sale of approximately 63,400 square feet of manufacturing and warehouse space comes after a lengthy 8-year marketing period.
New Century Gardens, LLC has sold the 179-unit Cambridge Apartments complex to Kimberly Karkos of 2225 Main Street, LLC for a reported $8,525,000 or $47,626 per unit.