Drubner Equities & Atlantic Management Corporation Acquire Timex Group's Middlebury Headquarters For $7.5M

Timex Group, USA's corporate headquarters located at 555 Christian Rd in Middlebury, CT has been sold for $7.5 million. The property is a commercial asset with a total area of 84,886 square feet, resulting in a price per square foot of $88.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $7,500,000
• Address: 555 Christian Road, Middlebury, CT
• Square Footage: 84,886
• Price Per Square Foot: $88
• Market: Middlebury, CT

Chris O'Hara, Senior Vice President of Coldwell Banker Commercial Realty, facilitated the successful sale of Timex Group, USA's corporate headquarters. The buyers of the property are Drubner Equities, Florida LLC, and Atlantic Management Corporation, with Joseph Zink representing them. The broker in the deal is Chris O'Hara from Coldwell Banker. This transaction marks an important milestone in the real estate market in Middlebury, CT.