News: Brokerage

Berkowitz of O,R&L Commercial sells office building for $662,000

West Hartford, CT Mark Berkowitz of O,R&L Commercial, LLC brokered the sale of 8 Lowell Rd. for $662,000. The 3,552 s/f office building is three stories on 0.32 acres. Berkowitz, from O,R&L represented the seller, Lowell Road Associates, LLC and the buyer, SSW Real Estate LLC d/b/a Stepping Stone Wealth was unrepresented.

The new owner Stepping Stone Wealth is a private wealth advisory practice of Ameriprise Financial Services, LLC.  They are moving from their current location at 57 N. Main St., West Hartford. The Stepping Stone Wealth team provides personalized financial advice and strategies tailored to each client’s needs, offering services such as investment management and retirement planning through their “Forging Pathways” approach — a method focused on guiding people toward financial clarity and confidence. The practice has earned recognition, such as being featured in Forbes’ “Best-in-State Wealth Management Teams” for 2023-2024.

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Northeast Private Client Group facilitates $25.4 million sale of 141-unit apartment

Groton, CT Northeast Private Client Group (NPCG) has facilitated the $25.4 million sale of Groton Townhomes, located at 126 Litton Ave. Managing director, Bradley Balletto represented the seller, Groton Ventures LLC of New Jersey, and procured the buyer,
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