Sale of 70 Robinson Boulevard - American Seal & Engineering Corporation

12/6/2017

Carl G. Russell, CCIM, SIOR, Sr. Commercial Broker of Pearce/George J. Smith Commercial Real Estate in Milford, is pleased to announce the sale of a 50,666-square foot industrial building on approximately 6.5 acres of land at 70 Robinson Boulevard, in Orange, CT. 

The building is being purchased by Robin Equity, LLC of Orange, CT.  The property will be repurposed for American Seal & Engineering Corporation to serve as its new Global Corporate Headquarters and the main manufacturing facility for Engineered Products, Advanced Manufacturing Technology and Product Testing and Development. ASE Corporation is a global technical solutions provider specializing in critical Seals, Sealing Systems and High Performance Coatings. ASE Corporation will operate at three locations in Orange CT. The other two locations will be home to the Surface Technology and Automotive Divisions. ASE Corporation is a multinational company, in addition to the locations in the USA, it has operations in eight locations in Europe and Asia. The Sellers, ALM Properties, LLC, and MCM Investments, LLC and the ASE Corporation were both represented by Carl Russell. Mr. Russell has represented ASE for all three locations. 

Carl G. Russell is a member of the Society of Industrial and Office Realtors (SIOR) and a Certified Commercial Investment Member (CCIM); he is a nationally known instructor in the CCIM program.  In addition, Carl is a former Assistant Adjunct Professor of Real Estate at New York University.  He is also past president of the Greater New Haven Association of Realtors.  And he has been honored with a Named Endowed Scholarship which was presented by the Conn. C.C.I.M. Chapter.  Also, Carl was the recipient of a 2017 National Commercial Award from NAR.


2/24/2017
OrangeLife Magazine Issue #15 - Summer Edition
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