A multitenant industrial building in Old Saybrook has sold for $640,000.
The 31,000-square-foot property at 167 Elm St. was the site of the former Pye Hogan Manufacturing Co. and is currently managed by Fernwood Realty.
Mr. Lombardo was instrumental in bringing 5 tenants into the facility and is the agent for the seller, Jeff Woods, Principal of Fernwood Realty LLC. Norm Peck of Pequot Commercial was the agent for the buyer, 181 Cross Road LLC. The principals purchased the building for an investment.




