News: Connecticut

Szabo of Goldschmidt & Assoc. negotiates $3m sale of 2-acre site

David Szabo of Scarsdale-based Goldschmidt & Associates brokered the $3 million sale of 734 Bridgeport Ave. to CVS/Caremark Corporation. The seller was Dan Perkins Realty, Inc. The two-acre property is located at the corner of Bridgeport Ave, and Schoolhouse Rd. approximately 1/3 mile from exit 35 off I-95. Existing buildings formerly occupied by Dan Perkins Chevrolet will be demolished and the property will be improved by a 14,000 s/f CVS Pharmacy with drive-thru. The CVS will also have its own parking lot. "CVS/Caremark is dedicated to the New Haven County community and further expansion plans are being finalized," said Szabo, who represented GBC, the preferred developer in the deal. "We are hoping to sign an additional deal shortly." Goldschmidt & Associates also represents GBC for CVS in Westchester County, N.Y.
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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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