Cedar Realty Trust, Inc announced on November 21, 2013, that it has purchased the Big Y Shopping Center located in Bethel, Connecticut for $34.5 million. Cedar Realty Trust is a real estate investment trust with a portfolio consisting of roughly 10 million square feet of space along the east coast.
Winthrop Realty Trust has purchased four luxury apartment buildings for a total price of $246 million. The Highgrove is an 18-story building that consists of 92 condominiums located at 70 Forest Street in downtown Stamford.
The 90,000 S.F. shopping plaza in Westport, known as the Village Center, has sold for $54.25 million to a real estate investment firm, Equity One, Inc. The firm bought the shopping center from the Kowalsky family that built and owned the center since 1974.