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:
- Property Type: Office
- Transaction Amount: $27,700,000
- Sale Date: 02/25/2026
- Buyer: Unified Holdings of Glastonbury LLC
- Seller: SCT Glastonbury LLC
- Brokers: John McCormick, Anna Kocsondy, Jeffrey Dunne & Steven Bardsley - CBRE
- Square Footage: 185,000
- Price Per Square Foot: $150
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
Glastonbury Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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