Connecticut

Calabrese Brokers Sale of 17 Acres to CarMax

calabrese

Ralph Calabrese

Waterbury, CT – Ralph Calabrese of the R. Calabrese Agency, LLC represented the seller, 17 Acres Captain Neville Drove, LLC in the sale of approximately 17 acres located alongside Interstate 84 at exit 25A in Waterbury.

CarMax purchased the property for $4 million and plans to develop its trademark used car dealership as well as a regional service center.

Since CarMax’s inception in 1993, the Fortune 500 Company has grown to over 140 stores nationwide, and has sold over 5 million cars.

CarMax was represented by Tim McNamara of SullivanHayes Companies Northeast, LLC.