Northeastern Conference Corporation Acquires Industrial Property In Hamden For $2.7M

Located in Hamden, CT, the property at 335 Putnam Ave is an industrial building spanning 46,500 square feet situated on 3.45 acres. This building, once converted into a call center in 1999, has a rich history of operations, most recently by Frontier Communications. The transaction for this asset closed at $2.7 million, with the seller, 335 Putnam Ave., LLC, being represented by Stephen Press of Press|Cuozzo Commercial Services. The buyer, Northeastern Conference Corporation of Seventh Day Adventists of New York, enlisted the services of Mike Johnson from TAJ Real Estate, LLC.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,700,000.00
• Address: 335 Putnam Ave, New Haven, CT, 06517
• Market: Hamden
• Square Footage: 46,500
• Seller: 335 Putnam Ave., LLC
• Seller's Rep: Stephen Press(Press|Cuozzo)
• Buyer: Northeastern Conference Corporation of Seventh Day Adventists of New York
• Buyer's Rep: Mike Johnson(Sotheby's International Realty)

Additionally, Stephen Press, SIOR, played a vital role in the completion of this sale, representing the seller, 335 Putnam Ave., LLC. On the other side of the deal, Mike Johnson of TAJ Real Estate, LLC, acted as the buyer's representative, facilitating the transaction for the Northeastern Conference Corporation of Seventh Day Adventists of New York. This successful deal underscores the importance of expert real estate agents in navigating complex industrial property transactions.