Stone-Heron-ORL

O,R&L Commercial Brokers Acquisition of 42,000 SF Industrial Facility in Connecticut

by Amy Works

MADISON, CONN. — O,R&L Commercial has brokered the acquisition of a light industrial facility in Madison. Stone Heron LLC purchased the 42,000-square-foot property from Garland Associates for $2 million. Located at 14 New Road, the 42,000-square-foot property was developed in 1970 for Shoreline Industries and has been home to Garrity Industries since 1983. The property will become the new home of Pacuda Inc., which is relocating from Deep River, Conn. Timothy McMahon of O,R&L Commercial represented the buyer, while James Panczykowski of Binswanger represented the seller in the transaction.

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