Kerin Speaks about STNL Valuation

Chris Kerin was the guest speaker at the Hartford Area Assessors’ Association meeting in February where he discussed the valuation of drug stores and other Single Tenant Net Leased (STNL) properties.


Stamford Property Sells in Mack-Cali Portfolio

Mack-Cali has sold a portfolio of twelve office properties in Connecticut, New York, and New Jersey to Keystone Property Group. The twelve buildings total approximately 2.3 million square feet and sold for $230.8 million, of which $201.7 million will be paid in cash.


Danbury Apartment Complex Sells for $53.3M

The former Avalon Bay community at 53 Sand Pit Road in Danbury has sold to The Simon Konover Company and Outlook Development Group for $53.3 million on February 10.