News: Connecticut

Morris of O,R&L sells 6 Fieldstone Commons for $3.41 million

Tolland, CT Jay Morris of O,R&L Commercial has sold 6 Fieldstone Commons for $3.41 million. The buyer was Edward Lockery and the seller was People’s United Bank.

The 16,414 s/f building is mostly medical and master leased to ECHN. People’s United Bank will continue to operate a branch in the building and leaseback their space.

Morris represented the buyer and 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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