Branford Warehouse Sells for $6M
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Six Million Dollar Industrial Property Sale in Branford: A Family-Owned Firm Sells to a Maine-Based Buyer
A significant industrial property in Branford has recently changed hands for six million dollars. The 55,274 square foot warehouse and office building, located on 2.7 acres at 45 North East Industrial Road, was sold by three limited liability companies tied to Benerofe Properties Corp., a family-owned real estate firm based in White Plains. The buyer, five Spring Hill Drive LLC, based in Falmouth, Maine, secured a four point two million dollar mortgage through Torrington Savings Bank to cover a substantial portion of the purchase price. The sale underscores the robust demand for industrial spaces in the area.
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