Lux Bond & Green Acquires Retail Property At 49-53 Main Street Mystic For $2.95M

The property asset involved in the transaction is located at 49-53 Main Street in Mystic, CT. It is classified as a retail asset and was sold for $2,950,000. This acquisition marks the luxury jeweler Lux Bond & Green's expansion into their sixth location, previously housing the Bank Street Book Store.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,950,000
• Buyer: Lux Bond & Green
• Buyer's Representative: John Cafasso - Colliers
• Seller's Representative: Judi Carcausa - Sotheby's International Realty

This transaction was facilitated by Colliers, with John J. Cafasso representing Lux Bond & Green. The seller was represented by Judi Carcausa from Sotheby's International Realty. The deal reflects the ongoing growth of the 127-year-old, family-owned luxury jewelry business into the Mystic market.