New Horizons Machine Co. Inc. Acquires Mixed-Use Property In Newtown For $1.8M

Located at 22 Commerce Road in Newtown, CT, this mixed-use property was recently sold for $1.8 million in a transaction involving New Horizons Machine Co. Inc. as the buyer and 22 Commerce St. as the seller. The deal was facilitated by Andreas Senie from EAC Properties - KW Commercial representing the buyer and Mike Struna from Advantage Realty Commercial representing the seller. The financing for this transaction was provided by Chad Stewart from Savings Bank of Danbury.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,800,000
• Buyer: New Horizons Machine Co. Inc.
• Seller: 22 Commerce St.
• Buyer's Rep: Andreas Senie - EAC Properties - KW Commercial
• Seller's Rep: Mike Struna - Advantage Realty Commercial
• Lender: Chad Stewart - Savings Bank of Danbury

EAC Properties' Andreas Senie highlighted the strategic benefits of the Newtown property for New Horizons' operational growth and access to local resources, making this sale a significant move for the buyer's expansion efforts.