News: Connecticut

Vidal/Wettenstein leases 9,159 s/f to Broadband Technical Resources

Monroe, CT Vidal/Wettenstein has leased 9,159 s/f of the industrial building at 580 Pepper St. to Broadband Technical Resources (BTR), a division of ITG Communications, based in Hendersonville, Tenn. BTR will be working on the wiring and fiber installation for Comcast throughout the region. ITG’s construction division supports the cable and telecommunications industries outside plant project needs. Services include aerial and underground drops, fiber backhaul, aerial construction, directional boring and trenching.

Terms of the lease were not released other than the size of the space which is 9,159 s/f. The building is owned by Robert Malin Realty. Bruce Wettenstein, SIOR & partner with Vidal/Wettenstein of Westport was the listing broker and represented BTR.

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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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