Picture

Shelton Office Building Sells for $6.3M

375 Bridgeport Avenue, a class B office building in Shelton, has sold to Woodgreen Management, Inc. for $6.3 million ($136/SF). The property was marketed at an undisclosed price and received nine written purchase offers.

Picture

New Canaan Elm Street Building Sells for $7.6M

109-115 Elm Street in New Canaan has sold for $7,600,000, approximately $806 per square foot. The property was purchased by Campana 109, LLC from Treadwell Holdings, LLC.

Picture

Kimco Purchases 24 Northeast Shopping Centers

Kimco Realty Corporation has purchased a 24-property shopping center portfolio that stretches from Massachusetts to New Jersey. The portfolio includes 21 centers in Massachusetts (including 17 in the Boston area), two in New Jersey, and one in Connecticut.