Burteck, LLC Acquires Industrial Property In Bloomfield, CT For $1.4M

The industrial property located at 55 Griffin Road in Bloomfield, CT has been sold for a total price of $1,400,000. The property spans across 4.3 acres and offers a total square footage of 40,330. The sale price per square foot amounts to $35, while the price per acre is approximately $325,581. The transaction took place on January 22, 2021.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,400,000
• Address: 55 Griffin Road, Bloomfield, CT
• Market: Bloomfield, CT
• SF: 40,330
• PPSF: $35
• ACRES: 4.3
• PPA: $325,581

The seller of the property was Griffin Industrial Realty, Inc., while the buyer was Burteck, LLC. The seller was represented by Maury Smith from Avison Young, and the buyer was represented by Mark Berkowitz from O,R&L Commercial, LLC.