Wesleyan University Acquires Office Property On 55 High St, Middletown, CT

Wesleyan University has recently acquired an office property located at 55 High St in Middletown, CT. The property spans over 2.6 acres and was sold for a total of $3,100,000. The transaction was facilitated by Luke Massirio from O,R&L Commercial, who represented the buyer in the deal. The office building itself measures approximately 44,000 square feet, resulting in a price per square foot of $70.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $3,100,000
• Address: 55 High St, Middletown, CT
• Market: Middletown, CT
• Acres: 2.6
• Buyer: Wesleyan University
• Broker: Luke Massirio - O,R&L Commercial
• Square Footage: 44,000
• Price Per Square Foot: $70

The acquisition of the office property by Wesleyan University was facilitated by Luke Massirio from O,R&L Commercial. This deal not only represents a significant transaction in the Middletown, CT market but also highlights the university's expansion and investment in the area's real estate sector.