SOLD
Port Eastside LLC Acquires 7.3 Acres Office Property In East Hartford, CT For $4M
99 Founders Plaza
Office
Sold 253 days ago
Summary
Sale
SOUTH CAROLINA
Office
Port Eastside LLC, represented by Martin Kenny of Lexington Partners, Alan Lazowski of LAZ Parking, Jeffrey Hoffman of Hoffman Auto Group, Peter Roisman of REV, Harris Simons and Bruce Simons of Figure 8 Properties, and Jim Manafort of Manafort Brothers, has purchased the low-rise office building at 99 Founders Plaza in East Hartford, CT. The property consists of approximately 7.3 acres and was sold for a total of $4,000,000.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,000,000
- Address: 99 Founders Plaza, East Hartford, CT
- Market: East Hartford, CT
This significant transaction marks a key milestone in the $841 million redevelopment project along the Connecticut River in East Hartford. Port Eastside LLC, along with its diverse group of investors, aims to contribute to the revitalization of the area with this acquisition. The purchase of the office building aligns with their ambitious plans for the redevelopment project.
Details
SOLD
IMAGE: Martin Kenny, Alan Lazowski, Jeffrey Hoffman, Peter Roisman, Harris Simons & Bruce Simons
DATE: 09/10/2023
ADDRESS: 99 Founders Plaza
MARKET: East Hartford, CT
ASSET TYPE: Office ~ ACRES: 7.3
BUYER: Port Eastside LLC - Martin Kenny - Lexington Partners
(@LexingtonPartnersLLC); Alan Lazowski - LAZ Parking (@Laz_Parking); & Jeffrey Hoffman - Hoffman Auto Group (@HoffmanAutoGroup); Peter Roisman - REV (@RevMultifamilyCompany); Harris Simons & Bruce Simons - Figure 8 Properties; & Manafort Brothers - Jim Manafort
SALE PRICE: $4,000,000
NOTE: Port Eastside LLC has purchased the low-rise office building at 99 Founders Plaza for $4 million, marking a significant step in the ambitious $841 million redevelopment project along the Connecticut River in East Hartford.View on map
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Address99 Founders Plaza
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