Barbara L. Pearce, Chair and CEO of Pearce Real Estate, is pleased to announce that Senior Commercial Associates Chris Nolan and Dave Melillo have sold a property at 2165-2175 State Street in Hamden that is expected to generate revenue for the town’s Grand List.
In a transaction earlier this month, Nolan and Melillo sold a 1.98-acre parcel of land for $350,000 to Empire Residential, LLC. of Stamford, on behalf of the owner, the Estate of Theresa Vingiano. Co-brokering the deal, and representing the buyer, was Seamus Costigan of NewBridge Realty in Stamford.
Representatives of Empire Residential are pursuing approvals from municipal governmental entities, including Hamden’s Planning and Zoning Commission and Inland Wetlands Commission, to develop self-storage units at the State Street site, which is currently vacant. Empire Residential, a full-service, privately held commercial and
residential real estate investment and development company, has proposed building a 100,000-square-foot self-storage facility there. According to the company website, development of the Hamden facility is scheduled for Summer 2024, pending all necessary approvals.
The company has developed and operates self-storage facilities and luxury apartments and townhouses in Fairfield County in Connecticut and Westchester County in New York.