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150 Hartford Avenue
Wethersfield, Connecticut 06109
www.newenglandretail.com
Phone: (860) 529-9000
Fax: (860) 563-9667
NEW ENGLAND RETAIL PROPERTIES, INC.
SELLS FORMER BENNIGAN’S RESTAURANT
290 OLD GATE LANE
MILFORD, CONNECTICUT
Nelson W. Pickering and Matthew Halprin of New England Retail Properties, Inc., are pleased
to announce the sale of the former Bennigan’s Restaurant at 290 Old Gate Lane in Milford,
Connecticut for $1.65 Million to 290 Old Gate Lane, LLC.
The 6,937 square foot freestanding restaurant building was built in 1985 and sits on 1.63 acres
of land across from the new Lowe’s Home Improvement off Exit 40 on Interstate 95. The
property was purchased in 1998 by National Retail Properties and operated as a Bennigan’s
until several months ago. Pickering and Halprin of New England Retail Properties, Inc.
exclusively represented the Seller, National Retail Properties of Orlando, Florida and were the
sole brokers in this transaction. The Buyer will be upgrading and converting the building into a
New Orleans concept restaurant.
New England Retail Properties, Inc. was co-founded in 1987 by partners Mark D’Addabbo and
Matt Halprin and specializes in investment sales, shopping center and retail property leasing
and tenant representation. They currently represent more than four million square feet of
retail properties and are based in Wethersfield, Connecticut.
For more information on properties represented by New England Retail Properties, Inc., visit
our website at www.newenglandretail.comwww.newenglandretail.comwww.newenglandretail.comwww.newenglandretail.comwww.newenglandretail.com.

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MilfordCT_BennigansSale043009

  • 1. 150 Hartford Avenue Wethersfield, Connecticut 06109 www.newenglandretail.com Phone: (860) 529-9000 Fax: (860) 563-9667 NEW ENGLAND RETAIL PROPERTIES, INC. SELLS FORMER BENNIGAN’S RESTAURANT 290 OLD GATE LANE MILFORD, CONNECTICUT Nelson W. Pickering and Matthew Halprin of New England Retail Properties, Inc., are pleased to announce the sale of the former Bennigan’s Restaurant at 290 Old Gate Lane in Milford, Connecticut for $1.65 Million to 290 Old Gate Lane, LLC. The 6,937 square foot freestanding restaurant building was built in 1985 and sits on 1.63 acres of land across from the new Lowe’s Home Improvement off Exit 40 on Interstate 95. The property was purchased in 1998 by National Retail Properties and operated as a Bennigan’s until several months ago. Pickering and Halprin of New England Retail Properties, Inc. exclusively represented the Seller, National Retail Properties of Orlando, Florida and were the sole brokers in this transaction. The Buyer will be upgrading and converting the building into a New Orleans concept restaurant. New England Retail Properties, Inc. was co-founded in 1987 by partners Mark D’Addabbo and Matt Halprin and specializes in investment sales, shopping center and retail property leasing and tenant representation. They currently represent more than four million square feet of retail properties and are based in Wethersfield, Connecticut. For more information on properties represented by New England Retail Properties, Inc., visit our website at www.newenglandretail.comwww.newenglandretail.comwww.newenglandretail.comwww.newenglandretail.comwww.newenglandretail.com.