Commercial Real Estate News
Angel Commercial L.L.C. Negotiates Over 24,000 SF and Stabilizes Milford Asset
Southport, CT – April 13, 2015 – Jon Angel, President Angel Commercial LLC, a Southport-based commercial real estate brokerage firm, announces the lease of over 24,000 SF of commercial space at 260-284 Quarry Road, Milford, CT. In 2013 ECP Quarry LLC acquired the 83,580 SF building with the intention of taking an under-managed asset and repositioning it. By making several infrastructural improvements and being a proactive landlord, 260-284 Quarry Road has secured several new tenants. “We were retained by the owner to aid in their asset stabilization plan. The property is now 80% leased with approximately 21,000 SF remaining, varying in size and loading options”, states Angel.