Real Estate
Developer Buys 14.2 Acres In Stratford For $10.6M
The new owner plans to build warehouse facilities on 14.2 acres of industrial land in Stratford, according to realtors.
STRATFORD, CT — A developer has purchased more than 14 acres of industrial land on Lordship Boulevard in Stratford, realtors announced Wednesday.
Lordship Land, LLC, a commercial real estate developer, has purchased 14.2 acres of industrial land at 775 and 975 Lordship Boulevard for $10.6 million, according to Jon Angel, President of Angel Commercial, LLC, in Southport. Angel was the sole broker in the transaction.
The seller was Stratford Land Development Company Limited Partnership.
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“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 news release. “The property is located less than one mile off the exit ramp to I-95, Exit 30 (Lordship Boulevard), and next to the FedEx Ship Center.”
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