News: Front Section
Posted: June 8, 2018
Torelli of Allied Property Group brokers
two sales totaling $8.55 million
Greenwich, CT Thomas Torelli of Allied Property Group completed two sales totaling $8.55 million. The sales included the following:
• In the forth quarter of 2017 Allied Property Group sold a mixed-use building which included a hair dresser and the Old Greenwich Branch offices of Coldwell Banker Real Estate at 272 Sound Beach Ave. to 272-278 Sound Beach Avenue LLC for $2 million. The 4,800 s/f building also include one large apartment. Torelli was the sole broker on this transaction.
• In the first quarter of this year Allied Property Group sold a mixed-use building to Winter HPG 171 Greenwich LLC a 3-story building at 171-173 Greenwich Ave. for $6.55 million. The property consisted of a 3,700 s/f store leased to Club Monaco (a division of Ralph Lauren) and four apartments. Matt Torrance of Cushman & Wakefield's Stamford office represented the buyer and Torelli of Allied Property Group represented the seller.
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