The Wallingford FedEx distribution center located at 29 Toelles Road has a new owner, thanks to a deal brokered by Levey Miller Maretz.
The buyer, 29 Toelles Road Associates LLC, has purchased the building for $10 million from Arizona-based EMH Investment LLC.
The site houses a 120,000-square-foot FedEx distribution center, and the international shipping company will remain at the site.
Steve Miller, principal and broker at Levey Miller Maretz, represented the buyer in the deal. The seller was represented by Lee & Associates, based in St. Louis, and Financial Management Group, based in Los Angeles.
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