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North Branford Industrial Property Sells for $907K

January 28, 2021 | Reprints | Unlock Link | Print

Photo courtesy of O,R&L Commercial

A North Branford industrial property has sold to an investor for $907,000.

DeMaio Realty, a Branford firm, bought 242 Branford Road from Madison-based Jayter Properties. Jayter had bought the building in 1999 for $900,000.

The 26,820-square-foot building sits on 2.16 acres and is fully leased to a long-term tenant Uno Alla Volta. The company is an online artisan direct to consumer sales company established in 2003 which was acquired by Digital Fuel Capital, a private equity firm in 2019.

The property, built in 1980, combines 9,288 square feet of office space with 17,532 square feet of flexible space with 15-foot ceilings.

Kristin Geenty of The Geenty Group represented Jayter while Frank Hird and Adam Gregg of O,R&L Commercial represented the DeMaio.