News: Connecticut

Arnold Peck completes $700,000 land sale

Arnold Peck

Southbury, CT The land parcel at the corner of I-84 and Rte. 67 consisting of 7.5 acres has been sold by Arnold Peck of Arnold Peck’s Commercial World for $700,000. This land had been for sale for years and it was a challenge to locate the right developer and use for the land sitting at the four-way interchange of Fairfield, Hartford, New Haven, and SMSA. It shares 1000 ft. of frontage at the intersection of I-84 and Rt. 67, is a residential zone, with no commercial use permitted. 

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Highcap Group brokers $41.1 million sale of two building multifamily portfolio

Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.

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