Vacant parcels next to North Haven Amazon site sell for $6M; new development eyed

Two vacant parcels in a prime development area of North Haven have been sold for a combined $6 million. The properties at 405 and 417-425 Washington Ave., sit directly adjacent to the new Amazon fulfillment center, and are some of the last open parcels along the commercial stretch of Washington Avenue, Route 5. Both properties were owned by CRA NH LLC, an affiliate of New York-based Rabina Properties and Maidad Rabina, to LGID NY LLC and principal Elchonon Shilian of Brooklyn, New York, in a deal recorded June 23. Frank Hird, a broker for Branford-based OR&L, which had the listing, said the two parcels are prime for development in the industrial zone, which allows for uses such as hotels, retail, and mixed use. Development ideas include restaurants, commercial buildings and a hotel, he said.

https://www.hartfordbusiness.com/article/vacant-parcels-next-to-north-haven-amazon-site-sell-for-6m-new-development-eyed

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