D'Amato Holdings LLC has purchased a 9,000-square-foot office building at 40 Connecticut Ave. in the Norwich Business Park for $1 million, TheDay.com reports.
The New London office of Connecticut Commercial Realty & Select Homes brokered the sale.
The property, previously owned by RS Properties of New York City, includes another 9,000 square feet of finished space below grade on nearly 12 acres.
Financing was provided by Chelsea-Groton Bank.
The building is currently occupied by D'Amato Builders and Advisors LLC, Dr. Edward Lim and Eletro-Mechanical Services Company.