A group of investors recently paid $6 million for two Tolland office buildings totaling 33,126 square feet. In a deed recorded July 7, T & S of CT LLC sold two office buildings dating to the late 1980s and 11.6 associated acres at 360 and 384 Merrow Road. The new owners are Brooklyn-based Prestige Management […]
A group of investors recently paid $6 million for two Tolland office buildings totaling 33,126 square feet.
In a deed recorded July 7, T & S of CT LLC sold two office buildings dating to the late 1980s and 11.6 associated acres at 360 and 384 Merrow Road. The new owners are Brooklyn-based Prestige Management LLC (60% stake), Delaware-registered Azura CT1 Holdings LLC (19.5%) and Brooklyn-based real estate investor Gershon Eichorn (20.5%).
The seller’s principals include Thomas J. Crossen Jr. and Susan R. Crossen, who share a Coventry address, as well as Stephanie A. Crossen, who lives at a separate Coventry address, according to state business records.
A 27,668-square-foot building on the property is divided into 12 office units, and the adjacent 5,458-square-foot building is divided into five.
