EAST GRANBY: Sentry Commercial has brokered the $3.9 million sale of a multi-tenant industrial complex located at 25-27 and 29 Kripes Road. Torrington, based Gen IV LLC a company related to O&G Industries, acquired the property from Airport Business Center III LP.
The property is less than 2 miles from Bradley and was reported to have more than $326,000 net operating income from eight tenants in the complex.
Situated on 8.3 acres, the 65,691-square-foot property is a portion of Airport Business Center, a five-building industrial park developed by the seller in 1984. Sentry Commercial was the sole broker in the transaction.