Orange-based Colonial Properties, Inc., recently completed transactions involving two properties in Milford and Orange.
Senior Vice President Fred A. Messore represented the buyer in the purchase of 185 Broad St. Unit D in Milford, an approximately 1,700 square-foot commercial condominium in a mixed-use building on about 0.65 acres. The unit was purchased for $215,000. The seller, Donald Jr. & Beverly Anderson, was represented by John Bergin of H. Pearce Commercial. The buyer’s attorney was Francis Teodosio of Teodosio Stanek, LLC in Shelton; the seller’s attorney was Paul Otzel of Milford Law-Kapusta, Otzel & Averaimo in Milford.
President and Designated Broker Mike Richetelli represented landlord Leo Zygelman in the leasing of a 1,200 square-foot office suite at 370 Boston Post Rd. in Orange. The office space was leased for a five-year term to Dr. Michelle Hessberger/Your Natural Dr LLC, a naturopathic physician. Hessberger was represented by realtor Tony Vitti of Colonial Properties.
“These two transactions demonstrate the continued demand for space in the marketplace for uses in the medical and professional services sector,” Richetelli said.