Monroe, CT Joseph Grasso Jr. purchased 6 acres located at 485 Pepper St. The site is zoned industrial and had to go through a series of town meetings for approval for their intended use which is a building material separation site.
Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein was the listing broker and represented the purchaser.
Counsel for the seller was Allingham and Readyoff, LLC.
Counsel for the purchaser was Hinckley Allen Law Firm.
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.