Shelbourne affiliate purchases Berlin industrial property
Lakewood Associates LLC has sold a 140,000-square-foot industrial manufacturing building at 128 Old Brickyard Lane in Berlin to Glen Park Capital Partners, an affiliate of major downtown Hartford landlord Shelbourne Global Solutions, for $7 million. Shelbourne announced the purchase and partial leaseback on Wednesday. “The sale illustrates the high demand for industrial and flexible assets in CT and Shelbourne’s continued investment in Connecticut’s commercial and industrial assets,” the company said.
Source: hartfordbusiness.com
