Glastonbury, CT CBRE/NE has negotiated the sale of land at the corner of Hebron Ave. & House St. The land totaling 7 acres is located just off Rte. 2 at Exit 8. The development lot was acquired by a Tri-State developer, Continental Properties, for $4.7 million. Continental Properties has received approvals for a 145-unit rental apartment community.
Kyle Roberts of CBRE/New England’s Hartford office represented the seller and also assisted in procuring the buyer for this transaction.
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.