Regions Northeast
Despite Office Market Slump, 1M-SF Connecticut Office Campus Trades in $72M Deal
June 09, 2009
It's an office trade of such a size that has not been seen in Connecticut, no less challenged by job losses and economic malaise than most other markets, in quite a while. Matrix Connecticut L.L.C. has just taken over ownership of the 1 million-square-foot Danbury Corporate Center in Danbury, Conn., from GERA Danbury L.L.C. in a $72.4 million merger transaction. The deal is a coup for Connecticut, as well as its neighbors, as it marks the largest multi-tenant office transaction in the suburban New York Tri-State area so far this year.
Boston
New Jersey
New York
Real Estate Market News from the Northeast
In today's real estate market, information is everything. Recent real estate trends have indicated that while the domestic real estate market still has a ways to go before it begins to turn around, the commercial real estate market is performing much more strongly than the single family residential market. Be the first to get the most important Northeast real estate market information from the source the experts trust - Commercial Property News
|
|
|
|
|
|
|
|