Commercial Real Estate News
Acquisition & Disposition
14.2 Acres of Industrial Land Sells for $10.6 Million to Developer
STRATFORD, CT – February 2, 2022: Lordship Land, LLC, a commercial real estate developer, has purchased 14.2 acres of industrial land at 775 & 975 Lordship Boulevard in Stratford, CT, for $10.6 million, announced Jon Angel, President of Angel Commercial, LLC, a commercial real estate firm in Southport, CT. The seller was Stratford Land Development Company Limited Partnership.
“The new owner plans to construct warehouse facilities on this property, which is in short supply and high demand in this area,” states Jon Angel, the sole broker in this transaction. “The property is located less than one mile off the exit ramp to I-95, Exit 30 (Lordship Boulevard), and next to the FedEx Ship Center.”
Angel Commercial, LLC, is an award-winning full-service commercial real estate brokerage firm headquartered in Fairfield County, Connecticut. The company specializes in the acquisition, disposition, and leasing of office, industrial, retail, land, investment, and development properties locally and nationally. Visit Angel Commercial, LLC, on the web at www.angelcommercial.com.