News: Connecticut

Reilly of Levey Miller Maretz brokers $2.75m sale of 12,000 s/f building

Shawn Reilly of Levey Miller Maretz in Woodbridge represented both buyer and seller in the sale of the property located at 1651 Boston Post Rd. for $2.75 million, consisting of 2.5 acres and a 12,000 s/f building, the former home of Dakota's restaurant for many years. The property was sold by Torello Enterprises who operated the Seafarer Restaurant prior to Dakota's to Post Road Market Place LLC. Post Road Market Place LLC plans to develop the property for retail use in the future. They will either refurbish and lease out the existing building or demolish and have pad sites available.
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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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