An out-of-state real estate investor has sold three Wallingford office and industrial properties over the past two months for nearly $10 million combined. In deeds recorded March 13, a Dallas-based limited liability company headed by Yoav Rubinstein sold two neighboring Village Lane properties for a combined $7.18 million. The sale included a 31,850-square-foot warehouse with […]
An out-of-state real estate investor has sold three Wallingford office and industrial properties over the past two months for nearly $10 million combined.
In deeds recorded March 13, a Dallas-based limited liability company headed by Yoav Rubinstein sold two neighboring Village Lane properties for a combined $7.18 million.
The sale included a 31,850-square-foot warehouse with office space on 4.8 acres at 23-27 Village Lane, and a 26,734-square-foot, one-story office building on 3.47 acres at 29-33 Village Lane.
The buildings, which date to the 1970s, were marketed by Chad Byerly of Northmarq.
The buyer was a limited liability company tied to the Peter Niro III Revocable Trust, based in Haddam.
In a separate transaction recorded April 7, Rubinstein’s company sold a 29,864-square-foot office building on 6.4 acres at 1 Barnes Industrial Park Road for $2.6 million.
1 Barnes Industrial Park Road, Wallingford. Photo | CoStar
The 1977 property was acquired by a limited liability company headed by Wallingford resident Christopher Cerrito, who is also president of Cerrito’s Auto Sales.
Cerrito was represented by Michael DelGreco of New England Realty Associates. The seller was represented by David T. Barnes of CBRE.
