195
BRANFORD, CONN. — CB Richard Ellis | New England (CBRE) has brokered the sale of a 55,400-square-foot research and development facility located in Branford for $4.1 million. The building is fully occupied by 454 Life Sciences Corp., a division of Roche Diagnostics Operations. CBRE's Pat Mulready, Tim Fegan, Elli Klapper and John McCormick represented the seller, Alliance Commercial Partners, and procured the buyer, New York-based Ash Realty Associates. The current tenant has plans to invest more than $5 million in capital improvements to the property.