Michael Richetelli Of Colonial Properties Represents Seller In $1.15M Sale Of Industrial Property In Hamden

The property involved in the transaction is a light industrial asset located at 700 Sherman Avenue, Hamden, CT. The sale price was $1,150,000 for a total area of 13,464 square feet, translating to a price per square foot of $85. The property sits on a 1.82-acre lot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,150,000
• Address: 700 Sherman Avenue
• Market: Hamden, CT
• Square Footage: 13,464
• Price per Square Foot: $85
• Broker: Michael Richetelli - Colonial Properties

The deal was facilitated by Michael Richetelli, who served as the sole broker representing the seller in this transaction, as part of Colonial Properties. The successful closing of the sale occurred on September 18, 2026.