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IBI Purchases West Haven Property For $785K

January 27, 2016 | Reprints | Unlock Link | Print

International Business Installations (IBI) has purchased an industrial building for $785,000.

The company, specializing in furniture installation, panel cleaning, receiving, delivery, warehousing and project management, purchased the 28,872-square-foot building at 488 Derby Ave. in West Haven.

Carl G. Russell, senior broker in Pearce Real Estate’s Milford commercial office, represented the owner, New Haven-based GCM Real Estate LLC. Michael Richitelli of Colonial Properties of Orange represented the buyer.