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The Stamford, Conn., investment firm has paid more than $28 million for a portfolio of five office buildings in West Hartford, Conn. The properties total 132,000 square feet and are fully leased.
June 16, 2005 New Boston Fund has paid $26.2 million, or nearly $116/unit, for Windshire Terrace Apartments, a 226-unit complex in Middletown, Conn. Forest Glen Associates, a Connecticut developer, sold the property.The Windshire Terrace Apartments, built in 1999, consists of ...
June 16, 2005 Hersha Hospitality Trust (Amex:HT) has agreed to buy into a portfolio of nine hotels owned by Waterford Hospitality Group.The Marriott and Hilton-branded hotel portfolio has 1,707 rooms and is valued at $250 million.Hersha, a Philadelphia REIT, is ...
May 18, 2005 Farmington Realty LLC paid $25.3 million for 175 Scott Swamp Road, a three-story, 100,539-square-foot office building in Farmington, Conn. The local investment group purchased the property from Farmington Route 6 Land LLC.The property is fully leased to ...
March 2, 2005 Crown Milford LLC has secured a $27 million mortgage for a five-building corporate campus in Milford, Conn. The financing was provided by an undisclosed regional bank and arranged through L.J. Melody & Co. The Crown Milford Corporate ...
March 1, 2005 Commercial Real Estate Direct Staff ReportAn affiliate of Lexham Private Investors has paid $21.1 million for Charter Oak Mall, a 225,400-square-foot shopping center in East Hartford, Conn.Lexham, a Stamford, Conn., investment firm, purchased the property from WP ...
January 25, 2005 Yale Realty Services Corp. has acquired Newington Commons, a 189,724-square-foot power center in New Britain, Conn. Morgan Stanley Mortgage Capital Inc. provided acquisition financing totaling $24.5 million. The loan was arranged by L.J. Melody & Co. The ...
January 3, 2005 Houlihan-Parnes has paid $30.4 million for a portfolio of 23 apartment buildings in Hartford, Conn.The 23 three- and four-story buildings were constructed between 1875 and 1969 and sit on just over 12 acres of land. They are ...
December 27, 2004 Cedar Shopping Centers Inc. (NYSE:CDR) has paid $28.4 million for the Brickyard Shopping Center in Berlin, Conn.The 274,000-square-foot property is anchored by a Sam's Club and Home Depot. Cedar, a Port Washington, N.Y., REIT, funded the purchase ...
December 21, 2004 Cedar Shopping Centers Inc. (NYSE:CDR) has agreed to buy The Brickyard Shopping Center in Berlin, Conn., for $29.3 million.The Port Washington, N.Y., REIT plans to finance the deal with its secured floating-rate credit facility, making the Brickyard ...
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