News: Connecticut

RHYS named listing agent for 145,487 s/f building at 40 Richards Avenue

RHYS Commercial has been appointed the exclusive listing agent for the 145,487 s/f professional Class A office building located at 40 Richards Ave. Owned and managed by Mack-Cali, 40 Richards Ave.'s location allows for immediate access to I-95 via exit 13. The property is also within walking distance of the Rte. 1 (Connecticut Ave.) corridor, which features an abundance of shops, restaurants, banks and hotels. Available suites range from 1,000 s/f to full floor potential of 21,000 s/f. Christian Bangert, vice president of the office leasing division, will spearhead the leasing team along with vice president Kathleen Fazio. Bangert was instrumental in the recent lease transaction with HMP Communications at 40 Richards Ave. HMP Communications, a leading publisher of medical journals, signed a new lease for 1,850 s/f on the fifth floor at 40 Richards Ave. Richard Opalenik of Cresa Partners represented HMP Communications.
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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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