Commercial Real Estate News
Acquisition & Disposition
Developer Purchases Land for Planned Storage Facility in Stratford, CT
STRATFORD, CT – JULY 19, 2022 – Commercial real estate firm Angel Commercial, LLC, announces PV Asset Management LLC has purchased 1.13 acres of land at 350 Lordship Boulevard in Stratford, CT, for $1.3 Million. The seller was Stratford Industrial Corporation, and the land was sold unimproved.
“The planned storage facility has been approved by the Town Planning and Zoning Commission for this location,” states Jon Angel, President of Angel Commercial, LLC, who was the sole broker in this transaction.
The property consists of cleared and level land strategically located one-half mile off the exit ramp to I-95, Exit 30, in a Designated Opportunity Zone with 273 linear feet of frontage on Lordship Boulevard.
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.