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The Property Exchange: Sales, Leases & Construction
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Business New Haven
10/27/2003
By: BNH
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Wm. Orange Buys Rogers Agency
ORANGE - William Orange Realty has acquired the real estate business of the Frank Woodruff Rogers Agency, 663 Orange Center Road, Orange. A past president of the New Haven Board of Realtor, Frank Woodruff Rogers will continue working in the insurance industry in another location. Located in the heart of Orange's historic district, the former Rogers location will serve as the William Orange marketing department's new home, along with a training center to accommodate the ever-growing agency and its 47 agents and staff. This makes it the first time a real estate office has ever operated two locations in the town.
William Orange also maintains offices at 564 Racebrook Road in Orange, a Woodbridge/Westville office at 1654 Litchfield Turnpike and a New Haven/East Rock office at 413 Temple Street.
SALES
Milford Acquires Open Space
MILFORD - The Royal Bank of Philadelphia has sold 36 acres at the end of Wampus Lane, Milford to the city of Milford for $350,000. DeForest W. Smith, president of George J. Smith & Son Commercial & Investment Real Estate, was sole broker representing the bank. In recent years Smith has helped to broker the sale of more than 100 acres of open space to the company's home town, including ten acres of the former Milford Academy and more than 50 acres on West River Street.
Facelift for Office Bldg.
NORTH HAVEN - Montauk Point, LLC has sold 605 Washington Avenue, North Haven to Premier Real Estate of Guilford, which plans to renovate the 18,000-square-foot office building for multi-tenant professional use. Frank Hird and Tim McMahon of OR&L Commercial represented the seller in the transaction.
Hamden Units Sold
HAMDEN - Units 1 and 2 at 2 Enterprise Park, 555 Sherman Avenue, Hamden, have been sold to Art-Co. Services, LLC for $105,000. The industrial/flex condominium units total 2,016 square feet. Joel Nesson of Press/Cuozzo Realtors represented the seller, Octagon Associates, in the sale.
CONSTRUCTION
IGA To Be Renovated
DEEP RIVER - Borghesi Building & Engineering Co. has been awarded a contract to renovate the Adams IGA at 193 Main Street, Deep River. Renovation is scheduled to be completed in about four months, during which time the store will remain open.
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