An empty development parcel in Stratford’s Lordship Boulevard industrial area has traded hands to a warehouse developer.
Lordship Land LLC bought the 14.2-acre property at 775 and 975 Lordship Blvd. for $10.6 million. The properties are zoned for industrial use and sit next to a FedEx Ground distribution center.
The seller was Stratford Land Development Company Limited Partnership
Both parties were represented by Jon Angel of the Angel Commercial LLC brokerage.
“The new owner plans to construct warehouse facilities on this property, which is in short supply and high demand in this area,” Angel said in a statement.