News: Connecticut

Matthews Commercial Properties completes 26,301 s/f $635,000 sale

According to Gerry Matthews of Matthews Commercial Properties, 66 Mattatuck Heights has been sold to Carmino Maria Lucia, LLC. The 26,301 s/f building on 3.53 acres of land sold for $635,000. Matthews represented the new owner which plans to occupy 16,000 s/f of the building to operate its limousine company, Gateway Limousine. The balance of the space has been leased back to the former owner, Temporale Climate Control. Ralph Calabrese of the Calabrese Agency represented 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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