Michael Richetelli, President and Designated Broker of Colonial Properties, Inc, is pleased to announce their acceptance of three 2018 Deal of The Year Awards from the New Haven Middlesex Board of Realtors® Commercial Investment Division (CID).
Michael Richetelli, President and Designated Broker, and Fred A. Messore, Senior Vice President, received the Highest Retail Sale Award for the sale of 190 Boston Post Road, Orange. The property consists of a 28,760 SF +/- commercial building on 5.57 acres and sold for $3,150,000.
Fred A. Messore, Senior Vice President, received the Highest Multi-Family Sale Award for the sale of 125 Coleman Street, West Haven. The property consists of two fully leased apartment buildings, one 18 unit and another 12 unit (30 units in total), on 1.84 +/- acres and sold for $3,600,000.
Kevin Weirsman, Vice President, received the Highest Business with Property Award for the sale of 852 Dixwell Avenue, Hamden. The 5,600 SF +/- commercial building was solely occupied by an operating Laundromat business, and sold for $425,000.
“I’m very proud of our team for taking home three CID Deal of the Year Awards for the 2nd year in a row. In a very challenging economic climate, Colonial Properties continues to get results for our clients.”, said Richetelli.
Colonial Properties, Inc., founded in 1978, is a full service Commercial and Residential Real Estate Brokerage, located in Orange, CT. The firm handles all types of real estate transactions including the sale and leasing of retail, industrial, office, investment properties, and residential properties, as well as brokering land and business sales.