SOLD
Metropolitan Realty Associates Acquires Industrial Property In South Windsor, CT For $50M
456 Sullivan Avenue
Industrial
304,249 SF
304,249 SF
Sold 1 year ago
Summary
Sale
CONNECTICUT
Industrial
304,249 sqft
The industrial property located at 456 Sullivan Avenue in South Windsor, CT was recently sold in a transaction valued at $50,000,000. The property spans 304,249 square feet, resulting in a price per square foot of $164. The sale took place on 02/23/2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $50,000,000
- Address: 456 Sullivan Avenue, South Windsor, CT
- Market: South Windsor, CT
The seller of the property was FEM Sullivan Road LLC, while the buyer was Metropolitan Realty Associates, represented by Joseph Farkas, and Clarion Partners through its Clarion Partners Real Estate Income Fund (CPREIF), represented by Gary Rufrano. The brokers involved in the transaction were Matt Berres and Samer Khalil from Newmark.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Matt Berres, Gary Rufrano, Joseph Farkas & Samer Khalil
DATE: 02/23/2021
ADDRESS: 456 Sullivan Avenue
MARKET: South Windsor, CT
ASSET TYPE: Industrial
SELLER: FEM Sullivan Road LLC
BUYER: Metropolitan Realty Associates - Joseph Farkas, Clarion Partners through its Clarion Partners Real Estate Income Fund (CPREIF) - Gary Rufrano
BROKERS: Matt Berres & Samer Khalil - Newmark
SALE PRICE: $50,000,000
SF: 304,249 ~ PPSF: $164View on map
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Address456 Sullivan Avenue
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