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Beachwold Residential Acquires 500-Unit Multifamily In New Haven, CT For $160M

Property Image
SOLD
$160,000,000
Kevin Jones
Niko Nicolaou
+ 5

Connecticut

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MultiFamily473,786 SF
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Property Image
SOLD

Beachwold Residential Acquires 500-Unit Multifamily In New Haven, CT For $160M

360 State Street

See Similar Deals
MultiFamily473,786 SF
Sold
Kevin Jones
Niko Nicolaou
+ 5
Contact now

Summary

CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$337
Total Square Footage:473786 SF
Transaction Type:Sale

The multifamily property located at 360 State Street in New Haven, CT has been sold. The property, consisting of 500 units, was acquired by Beachwold Residential from BentallGreenOak. The transaction was facilitated by the brokers from Cushman & Wakefield, including Chris Sower, Brian Whitmer, Ryan Dowd, Niko Nicolaou, Jon Bryant, Bruce Lusa, John Flaherty, and Kevin Jones.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $160,000,000
  • Address: 360 State Street
  • Market: New Haven, CT
  • Buyer: Beachwold Residential
  • Seller: BentallGreenOak
  • Brokers: Chris Sower, Brian Whitmer, Ryan Dowd, Niko Nicolaou, Jon Bryant, Bruce Lusa, John Flaherty, Kevin Jones - Cushman & Wakefield
  • Units: 500
  • Price per Unit (PPU): $320,000
  • Square Footage: 473,786
  • Price per Square Foot (PPSF): $338

The involvement of various key individuals and companies contributed to the successful completion of this transaction. The brokers from Cushman & Wakefield played a crucial role in connecting Beachwold Residential and BentallGreenOak, ensuring a smooth sale process for the multifamily property at 360 State Street in New Haven, CT.

Players

Brian Whitmer
28 deals$1.6B volume(201) 508-5209
BROKER

Bruce Lusa
Cushman & Wakefield
62 deals$899.9M volume(617) 448-6308
BROKER

John Flaherty
Cushman & Wakefield
54 deals$784.6M volume(617) 279-4568
BROKER

Jon Bryant
JLL
56 deals$793.6M volume(508) 505-0832
BROKER

Niko Nicolaou
Cushman & Wakefield
33 deals$2B volume(201) 426-2227
BROKER

Christopher Sower
Cushman & Wakefield
79 deals$1B volume
BROKER

Kevin Jones
Cushman & Wakefield
47 deals$736.3M volume
BROKER

Ryan Dowd
Cushman & Wakefield
25 deals$2.2B volume(201) 508-5278
BROKER

Beachwold Residential
BUYER

Details

SOLD
IMAGE: Bruce Lusa, Ryan Dowd, Chris Sower, Brian Whitmer, Kevin Jones, Niko Nicolaou, John Flaherty & Jon Bryant DATE: 11/07/2022 ADDRESS: 360 State Street MARKET: New Haven, CT ASSET TYPE: Multifamily BUYER: Beachwold Residential SELLER: BentallGreenOak BROKERS: Chris Sower, Brian Whitmer, Ryan Dowd, Niko Nicolaou, Jon Bryant, Bruce Lusa, John Flaherty, Kevin Jones - Cushman & Wakefield SALE PRICE: $160,000,000 UNITS: 500 ~ PPU: $320,000 SF: 473,786 ~ PPSF: $338

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