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Calare Properties Acquires 917,000-SF Flex Bldg

Bristol-Myers Squibb Sells Wallingford Facility for $5M
February 23, 2018
Calare Properties, Inc., a Hudson, MA-based real estate owner, has purchased the flex building located at 5 Research Pky in Wallingford, CT for $5 million, or almost $5.50 per square foot, from Bristol-Myers Squibb Company.

The five-story flex building delivered in 1985 and totals 916,601 square feet on 180 acres in New Haven County.

Jack Panczykowski of JLL represented the seller. The buyer handled the sale in-house.

Please see CoStar COMPS #4136973 for more information on this transaction.
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