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A daycare developer has purchased land in Vernon, according to information from the broker involved.
Chicago-based InSite Real Estate Group recently closed on purchasing the 1.57-acre parcel at 273 Talcottville Road, also known as Route 83. The company plans to develop the property into a new daycare facility, according to New England Retail Properties Inc.
Matt Halrpin and Kerry Wood of New England Retail Properties were the exclusive brokers in the sale on behalf of the former property owner 273 Talcottville Road LLC.
A Southport-based investment trust, Trio Fund I CT Portfolio, has purchased a package of six former Agway stores for $10.5 million.
The pet and garden retail stores, which operate under the name Smithland Supply, are in Manchester, Southington, Bethel, North Haven, Middlefield and North Branford.
The previous owners decided to sell the business over the last two years. The sellers Retail Property One LLC, Retail Property Two LLC, Retail Property Three LLC and Retail Property Four LLC are controlled by John and Terry Bergantino of Guilford.
A Dunkin Donuts location just off Interstate 91 in Rocky Hill sold for $1.5 million in late December.
Cromwell-based Tres Trai Realty LLC paid $1.5 million for a half-acre retail property at 767 Cromwell Ave. in a deal recorded Dec. 22, according to town records. The property hosts a roughly 1,806-square-foot restaurant building built in 2006.
New England Retail Properties announced Monday it has sold a 4.5-acre commercial property in Middletown hosting a Tractors Supply Co. store for $5.8 million.
The sale of the property at 815 Newfield St. has not yet been logged into city records. New England Retail Properties declined to disclose the buyer. The release describes the new owner as a “private investor based in the Midwest.”
The sale includes an ongoing lease to Tractor Supply and will not affect ongoing store operations, according to the seller.