News: Connecticut

Cushman & Wakefield leases 56,632 s/f

Danbury, CT Cushman & Wakefield has arranged a long-term lease for Opportunity Buying, Inc. at 2 Great Pasture Rd. The company has operated out of the Bronx for the past 25 years.

Opportunity Buying Inc. signed a 10-year lease for 56,632 s/f of the available 76,483 s/f warehouse/manufacturing space in the established industrial park primarily for warehouse use, with approximately 3,000 s/f dedicated office space.

Cushman & Wakefield’s Stamford-based Frank Brown, senior director, and Meredith Siburn, director, represented the landlord in the transaction. Phil Luria of Rakow Group represented the tenant.

Opportunity Buying Inc. specializes in the remarketing of closeouts and excess inventories, assisting manufacturers with an efficient and principled disposition of idle assets.

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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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