News: Connecticut

HK Group and GVA Williams broker $5.575 million retail sale

A 2,359 s/f retail property at 21 Main St. has been sold for $5.575 million ($2,363 per s/f), a record-breaking price. The buyer is 21 Main Street, LLC and the seller was Haja 21, LLC which owned the property for just over a year. The single tenant is Henry Lehr, a Main St. clothier for many years, who has a long-term lease on the building. Ted Hampe, chairman of Westport-based HK Group commercial Realtor, represent the buyer in this transaction. Stephen Westerberg, senior vice president of GVA Williams, Stamford, was exclusive agent for the seller.
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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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