Colonial Properties Completes $8 Million In Area Sales

As seen on Milford-Orange Times

 

 

Senior vice president Fred A. Messore represented buyer Green Olive Properties Management, LLC in the purchase of 241 and 251 Castle Ave. in Fairfield from Castle Place, LLC, for $2.675 million. The property consists of six residential condominium units. The seller was represented by Richard Edwards and Jeffrey Wright of Northeast Private Client Group. The buyer’s attorney was Dimitri Tournas of Withers Bergman, LLP in New Haven; the attorney for the seller was William M. Petroccio of Russo & Rizio, LLC, in Fairfield.

 

“We continue to see very vibrant activity in the commercial real estate market. These recent sales, two purchased as investment properties and two purchased as owner/user properties, demonstrate the strong demand for these two sectors,” Richetelli said.

 

About Northeast Private Client Group

Northeast Private Client Group is the fastest growing mid-market investment sales firm in the Northeast, providing unmatched results by combining specialized market intelligence with a relationship-based marketing strategy that caters to each client’s needs. The firm’s collaborative and research-driven solutions are tailored to meet the individual needs of investors across the Northeast who are looking to buy, sell or exchange mid-market properties including mixed-use, multifamily, retail and office assets. Northeast Private Client Group’s highly disciplined process is just one of the many reasons the firm has earned CoStar’s Power Broker designation year after year, and been ranked on the Inc5000 list of America’s fastest-growing private companies. To learn more, visit: www.northeastpcg.com.