News: Connecticut

Colonial Properties completes $200,000 sale of 108-114 Evergreen St.

According to Michael Richetelli, president of Colonial Properties, Inc., the firm completed the sale of 108-114 Evergreen St., a 4,350 s/f 2 floor commercial building on .16 acres. Bill Weirsman, commercial realtor with Colonial Properties represented the seller, JJ and J Realty, LLC. The buyer, 118 Evergreen, LLC purchased the property for $200,000 and plans on using the building for commercial operations. Robert Shawah of Baldwin Pearson Realty represented the buyer. Colonial Properties is a full-service commercial real estate brokerage firm handling all types of commercial and investment real estate transactions including the sale and leasing of retail, industrial, office and investment properties, as well as brokering land and business sales.
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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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