A Cheshire company that owns multiple commercial properties in town has continued to pare its portfolio, most recently selling a small warehouse for $1.5 million
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A Cheshire company that owns multiple commercial properties in town has continued to pare its portfolio, most recently selling a small warehouse for $1.5 million.
In a deed recorded Oct. 28, Marshall Enterprises LLC sold a 53-year-old, 3,600-square-foot warehouse and 3.65 acres at 1275 Highland Ave., to The Quaker Corp., a Cheshire contractor specializing in highway and bridge construction services.
The buyer’s president is Enrique J. Millares, of Fort Lauderdale, Florida. Other principals include Alyson M. Millares, also of Fort Lauderdale; and Gordon Frisbie, of Middlebury.
Also in October, Marshall Enterprises sold a 30,600-square-foot industrial building at 150 Sandbank Road in Cheshire to a Prospect-based millwork company seeking a larger headquarters. That property sold for $1.8 million.
In late 2023, Marshall Enterprises sold a 25,320-square-foot office and industrial building with multiple tenants at 1187 Highland Ave. for $1.6 million. The buyer was a limited liability company tied to school bus and transportation services company DATTCO.
In mid-2022, Marshall Enterprises sold a 3.2-acre property hosting two commercial buildings at 160 Sandbank Road for $780,000. The buildings included a 1965-vintage, 1,920-square-foot retail building and a 4,200-square-foot, 1968-vintage automotive building.
Marshall Enterprises’ principals include the Kathleen Ann Borrelli Trust, Marsha Guarnierri Trust and Kathleen C. Janowitz 2016 Grant.
Marshall Enterprises still owns several properties in Cheshire, including sites hosting a gas station, mixed retail/office building, warehouse, gymnasium and others.
Branford-based O,R&L Commercial has acted as listing agent for all of Marshall Enterprises’ most recent sales. Richard Lee and William Braun from O,R&L were the brokers involved in the latest sale.
