ARBAZ Holdings, LLC Acquires Retail Property In East Haven, CT For $2.65M

Arbaz Holdings, LLC has acquired a retail property located at 96 Frontage Road in East Haven, CT. The transaction, which took place on January 27, 2023, involved a sale price of $2,650,000. The property spans across 7,000 square feet, resulting in a price per square foot of $379. The seller, Partners 95, LLC, was represented by Michael Richetelli from Colonial Properties, while Luke Massirio from OR&L represented the buyer, ARBAZ Holdings, LLC.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,650,000
• Address: 96 Frontage Road, East Haven, CT
• Market: East Haven, CT
• Buyer: ARBAZ Holdings, LLC
• Seller: Partners 95, LLC
• Seller's Rep: Michael Richetelli - Colonial Properties
• Buyer's Rep: Luke Massirio - OR&L
• Square Footage: 7,000
• Price per Square Foot: $379

The involvement of Luke Massirio from OR&L as the buyer's representative and Michael Richetelli from Colonial Properties representing the seller adds a significant dimension to this transaction. Their expertise in the real estate market undoubtedly played a crucial role in successfully closing the deal.