News: Connecticut

Shawah of Baldwin Pearson Company completes two sales totaling $1.75 million

Bridgeport, CT George Shawah Jr., president of Baldwin Pearson Company, Inc. has completed the following sales of two office buildings:

• 789 Reservoir Ave. is a 20,000 s/f office building that sold for $1.05 million. The building was fully leased at the time of the sale. Shawah Jr. and Davis Owen represented the sellers and buyer in the transaction.

• 3787 Main St. is a 6,500 s/f office building, formerly occupied by Summit Women’s Center that sold for $700,000. Shawah Jr. represented the buyer, Cheyenne Early Learning Center, while Fred Frassanelli represented the owner.

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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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