News: Connecticut

Northeast Private Client Group sells mixed-use property for $3.125 million

Fairfield, CT Northeast Private Client Group (NEPCG) has completed the sale of a five-unit 6,764 s/f mixed-use property located at 1903 Post Rd.

Senior vice president Brad Balletto, vice president of brokerage Robert Paterno, and senior associates Rich Edwards and Jeff Wright represented the seller and procured the buyer in the transaction.

“Congratulations to both the buyer and seller, both local investors, on this transaction.” said Balletto.

“This transaction represented a win-win scenario: delivering value for the seller and securing a prime, stabilized mixed-use opportunity in a very strong market with limited supply for the buyer,” said Paterno.

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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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