Colonial Properties Garners Three Awards

Colonial Properties, Inc, in Orange was recently recognized with three 2018 Deal of The Year Awards from the New Haven Middlesex Board of Realtors Commercial Investment Division.

President and Designated Broker Michael Richetelli, and Senior Vice President Fred A. Messore received the Highest Retail Sale Award for the sale of 190 Boston Post Rd. in Orange. The property consists of approximately 28,760 square feet in a commercial building on 5.57 acres and sold for $3,150,000.

Messore also received the Highest Multi-Family Sale Award for the sale of 125 Coleman St. in West Haven. The property consists of two fully leased apartment buildings, one with 18 units and another 12 units, on around 1.84 acres. They sold for $3.6 million.

Vice President Kevin Weirsman received the Highest Business with Property Award for the sale of 852 Dixwell Ave. in Hamden. The 5,600 square-foot commercial building was solely occupied by an operating laundromat business and sold for $425,000.

“I’m very proud of our team for taking home three CID Deal of the Year Awards for the second year in a row,” Richetelli said. “In a very challenging economic climate, Colonial Properties continues to get results for our clients.”

Colonial Properties is a full service commercial and residential real estate brokerage.

Richetelli.

Messore.

Weirsman.

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