Musilli of GVA Williams handles $4.8m deal at 917 Bridgeport Ave.
GVA Williams of Connecticut brokered the $4.8 million sale of approximately eight acres at 917 Bridgeport Ave. to AvalonBay Communities, Inc. Avalon plans on building a 99-unit apartment complex. The property was owned by Cranberry Hill LLC.
According to Dominick Musilli, the sole broker in the transaction, "It was a pleasure working with both AvalonBay and Cranberry Hill throughout the process. I believe all of the parties involved, including the City of Shelton, were ultimately pleased with the outcome."
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.