12-acre office property Milford's Great River Corporate Center purchased by Joffe Paulding 19 for $4.45m, down from $7.1m due to unpaid loans.

Milford's Great River Corporate Center, a 12-acre office property with a few tenants, has been purchased for $4.45m by Atlanta-based Joffe Paulding 19, a significant drop from the previous $7.1m asking price due to unpaid loan amounts. The new owner has not yet shared plans for the property. The transaction resulted in $55,625 in real-estate conveyance taxes for the state of Connecticut, with Milford receiving $11,125.

July 06, 2024
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