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Wednesday, October 8, 2008

10/08/08 Glenville Shell Gas Station Acquired by Tenant

CoStar Group,

Glenville Shell acquired the service station at 222 Glenville Road in Greenwich, CT, from Jouret Realty LLC for $3.3 million. The 1327-square-foot property .

The 1,327-square-foot property was built in 1974. At the time of sale, the buyer was leasing it from the seller. The buyer reported he was motivated to buy because he thought this is a good piece of property and it was priced under market value. There was no reported representation used by either party in this transaction.
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