News: Connecticut

Godin of Matthews Commercial brokers 13,000 s/f $1.45m sale

Ed Godin Jr., a partner at Matthews Commercial Properties, has recently represented both parties in the sale of a 13,000 s/f warehouse facility at 2 Alliance Circle. The facility is situated on eight acres and includes an additional adjoining parcel of land in the Pines Bridge Industrial Park. The sale price was $1.45 million. The building features a 3,600 s/f mezzanine area, 3,000 s/f of offices, 22 ft. ceilings, one dock and six overhead doors. The seller was 589 Investments LLC, Oxford. The buyer, Total Energy Corporation, is based in New York and will utilize a portion of the property for its operations. It is a diversified energy products company providing a broad range of specialized services to utilities and industrial clients worldwide.
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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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