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Sale/Leaseback Deal Completed at 160 Chapel Street

160Chapel1

160 Chapel Road in Manchester, CT, a 21,940 SF office building, has been purchased by Dan Sullivan for $1,375,000.

This was a sale/leaseback transaction and the Seller, MMNT Certified Public Accountants will continue to occupy the third floor as a tenant.  Colliers was the sole broker. Bob Pagani and Christian Dietz represented the Seller and Nick Morizio represented the buyer.

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliersor LinkedIn.