News: Connecticut

Schaffer, Scafati of Press/Cuozzo complete $600,000 industrial sale

According to Stephen Press, principal of Press/Cuozzo Commercial Services, senior leasing brokers Ted Schaffer and Albert Scafati have sold a 10,000 s/f manufacturing property located at 15 Hamden Park Dr. with a sales price of $600,000. The building was constructed in 1987 by the Instant Buttons Manufacturing Company and Press/Cuozzo Commercial Services represented the sellers, Linda and Ralph Caffalette. The buyer is Delta Property Holdings, LLC and was represented by Carl Russell of George J. Smith & Son Realtors of Milford. Located in the Hamden Industrial Park, the property will provide new headquarters for the Delta Tool & Mold Company, an established Hamden business, and the opportunity to stay and expand in Hamden.
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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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