News: Connecticut

Press/Cuozzo sells 18,500 s/f industrial building for $575,000

Press/Cuozzo has completed the sale of 1050 Sherman Ave. This 18,500 s/f industrial facility offered 5,000 s/f of A/C office space, 14' ceilings, heavy power, one dock and one DI door. Stephen Press and Joel Nesson were the co-listing agents and Press also procured the buyer. The transaction closed on January 31, at $575,000. The property was purchased by Olde Ways LLC and was sold by LILEE Association, LLC. Press/Cuozzo has been serving the greater New Haven area since 1990. Press/Cuozzo provides residential brokerage, relocation services, and the services of a commercial/industrial division.
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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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