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Middlesex Hospital Purchases Two Middletown Properties For $1.6M

Capital Theater Complex Also Sells

December 5, 2012 | Reprints | Unlock Link | Print

Middlesex Hospital has purchased two Middletown buildings for $1.6 million. The properties, located at 117-121 Main St., total 44,751 square feet on 2.25 acres.

Trevor Davis, principal of Trevor Davis Commercial Real Estate LLC, represented the seller, the Carmelo J. Marino Trust. Coughlin Companies Management Services Inc. represented the buyer.

Davis also acted as the broker for both buyer and seller in the recent sale of the Capital Theater at 350 Main St. The buyer, 350 Main Street Middletown, purchased the 4,336 square foot building for $525,000. Capitol Liquors, a liquor store which had been attached to the property, had its license bought back by the city of Middletown for $60,000 in order to prohibit its use as a liquor store in the future.