News: Connecticut

Fischer sells two properties totaling $700,000

Two contiguous parcels of undeveloped land, one fronting on Putnam Ave. measuring 2.34 acres and the other fronting on Gallagher St. measuring 2.67 acres, were sold and closed simultaneously for $350,000 each by their owners, 466 Putnam Realty LLC and CLC Realty LLC respectively. The one buyer, Philmor REI Hamden LLC plans to develop a self-storage facility on the combined 5-acre site. Alan Fischer, CCIM, SIOR, of Orange-based Fischer Real Estate Inc. represented both the buyer and the two sellers in this transaction.
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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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