News: Connecticut

Marcus & Millichap sells 308.71-acre site for $3.4m

Marcus & Millichap Real Estate Investment Services has arranged the sale of a 308.71- acre development site in Cornwall and Canaan in Litchfield County. The sale price was $3.4 million. Laurie Ann Drinkwater and Seth Richard, investment specialists in the firm's New Haven office, together with regional manager Edward Jordan, represented the seller, a Stamford-based investor. Marcus & Millichap also procured the buyer, the State of Connecticut and Cornwall Conservation Trust.
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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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