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180 Glastonbury Boulevard

Unified Holdings Of Glastonbury LLC Acquires Office Complex From SCT Glastonbury LLC For $27.7M
SOLDOffice

Unified Holdings Of Glastonbury LLC Acquires Office Complex From SCT Glastonbury LLC For $27.7M

180 Glastonbury Boulevard & 200 Glastonbury Boulevard

$27,700,000

$74/SF

Building Size

370,000 SF

Asset Type

Office

Closing

Feb 25, 2026

AI

The transaction involved an office complex located at 180 Glastonbury Boulevard & 200 Glastonbury Boulevard in Glastonbury, CT. The asset was sold for a total of $27,700,000, comprising 185,000 square feet with a price per square foot of $150. The property was 95% leased to 38 tenants, including major financial firms.

Summary of transaction details:

CBRE facilitated the transaction, representing both the buyer and the seller in the sale of the office complex at Somerset Square, highlighting the involvement of their team in securing the deal.

Players

Steven Bardsley

CBRE

Broker

$1.9B

vol

47 deals

Broker

Glastonbury Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.57%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93