Recent Transactions

New Haven Group Sells Rocky Hill Industrial Portfolio for $2.6 million

Rocky Hill, CT (2011) --The New Haven Group marketed and sold a two building industrial portfolio located at 97 and 99 Hammer Mill Road in Rocky Hill, Connecticut.   The properties were fully occupied at the time of sale with four tenants.  The portfolio consisted of 54,512 s/f and sold for $2,600,000 ($48/sf).  The going in cap rate was 9.62%.   The buildings were highly functional industrial/flex properties located in the Rocky Hill Industrial Park.