Urbana Partners Acquires Office Building In New Canaan, CT For $13.5M

The office property located at 258 Elm Street in New Canaan, CT has been sold in a transaction. The property spans across 29,000 square feet and has been sold for a price of $13,500,000, resulting in a price per square foot of $465. The sale took place on January 5, 2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $13,500,000
• Address: 258 Elm Street
• Market: New Canaan, CT

The buyer of the property is Urbana Partners, represented by Mariano Weil and Federico Wilensky. On the other hand, TBG/Elm Street LLC, represented by Daniel Steinberg and Matthew Slonim, acted as the seller. The brokers involved in this transaction are Ron Cohen from Besen Partners and John Rotunno from Stan Johnson & Co.