Orange’s Colonial Properties Brokers $1.4 Million In Sales

Orange-based Colonial Properties, Inc., recently completed two sales worth a total of $1.4 million.

Vice president Kevin Weirsman and Al Melotto represented the seller in the sale of 257, 269, and 297 Peck St. in New Haven, three properties totaling about 20,000 square feet of office and warehouse space on around 1.10 acres of land that sold for $975,000.

The buyer, New Reach Inc., was represented by Jed Backus of Backus Real Estate. New Reach plans to consolidate several locations and substantially renovate the new location.

The seller’s attorney was Stan Dombroski of Dombroski Hillis LLC in New Haven. The buyer’s attorney was Gregg Burton of Carmody, Torrance, Sandak & Hennessey LLP in New Haven.

Weirsman also represented seller Longo Properties, LLC in the sale of 1158 Farmington Ave. in Bristol. The approximately 3,000 square-foot retail building sold for $430,000 to Jon Rondeau/1158 Farmington Avenue, LLC, which plans to open a deli at the property.

The buyer was represented by Scott Nardozzi of Cavanaugh & Company LLC. The seller’s attorney was Bryan F. Meccariello, Esq. in Southington, CT . The attorney for the buyer was Dale Clift of Steeg & Clift, LLP in Bridgeport.

“These two sales completed by Mr. Weirsman represent a continuing trend in the market of strong demand for Owner/User properties to purchase,” said Michael Richetelli, president and designated broker for Colonial Properties.

257-269 Peck St

Orange-based Colonial Properties recently completed the sale of several properties on Peck Street in New Haven. Contributed photo.

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