Manchester, CT Real Estate Advisory Group (REAG) represented M2C1 LLC in the acquisition of 1404-1414 Tolland Tpke. for an undisclosed amount. The property consists of three acres and 40,000 s/f of industrial space. Currently 16,000 s/f is leased to Wise Foods. Dan Rosow, Teo Rotaru and Belinda Sadiku of REAG are working with three tenants and the landlord’s architect, who will lease the remainder of the 25,000 s/f.
They had originally negotiated a contract for this property almost 4 years ago, and due to environmental and partnership complexities the project never came together at that time. REAG worked to solve these issues and we’re excited to close this transaction.
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.