REBusinessOnline

Marcus & Millichap Brokers $19.4M Sale of Connecticut Retail Property Net-Leased to Home Depot

ORANGE, CONN. — Marcus & Millichap has brokered the $19.4 million sale of a retail property in Orange, located approximately 70 miles northeast of New York City. The property is 100 percent net-leased to The Home Depot, which has been the tenant since 1992. Alan Cafiero, Ben Sgambati and Matt Leszyk of Marcus & Millichap represented the seller, Renova Equities, in the all-cash transaction. The team also represented the buyer, an undisclosed REIT.

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