Made Capital & M3 Equities Acquire Milford Office Asset For $15.5M

The office property at 470-488 Wheelers Farm Road in Milford, CT has been sold in a transaction. The property spans a total of 445,278 square feet and was sold at a price of $15,500,000, resulting in a price per square foot of $34. The sale took place on December 31, 2021.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $15,500,000
• Address: 470-488 Wheelers Farm Road, Milford, CT
• Market: Milford, CT
• Buyer: Made Capital & M3 Equities
• Seller: COBA, Inc
• Buyer's Representative: Mark DiFranco - DiFranco Realty Inc.
• Seller's Representative: Christopher Mahoney - Keen-Summit
• Mortgage Broker: Ben Schwartz - Eastern Union Funding

The sale of this office property was facilitated by the buyer's representative, Mark DiFranco of DiFranco Realty Inc. The seller's representative in the deal was Christopher Mahoney of Keen-Summit. Ben Schwartz of Eastern Union Funding served as the mortgage broker in the transaction.