News: Connecticut

Karney and Foote of O,R&L Commercial broker $883,000 sale

Carol Karney and Steve Foote of O,R&L Commercial, LLC recently completed the sale of a 15,985 s/f auto dealership at 34 Frontage Rd. for $883,000. O,R&L represented the seller, Tony March. The buyer, Schaller Subaru, represented themselves. The building was purchased to expand Schaller's Subaru dealership currently located in Middletown. The Schaller Family of dealerships also includes Schaller Honda, Schaller Acura, Schaller Mitsubishi and a full-service body shop.
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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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