News: Connecticut
Posted: November 15, 2019
Reese Commercial sells portfolio in East Hartford for $800,000
East Hartford, CT Dale Reese, CCIM completed the sale of a rooming house portfolio consisting of three properties and five buildings. The $800,000 sale comprised of 38 individual units and one 850 s/f commercial tenant.
Dale Reese, CCIM, managing broker of Reese Commercial represented 18 Brewer Associates LLC, 26 Sisson Associates LLC and 217-221 Burnside Associates LLC, the seller, and procured the buyer, 44 Connecticut BDLV, a local investor.
The seller had tried to sell the portfolio for over two years but was unsuccessful. Reese Commercial brokered the transaction in less than five months.
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The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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