–Leading investment sales firm represents the seller and procures buyer in the transaction in Bridgeport, Connecticut–
Shelton, CT (January 29, 2024)- Northeast Private Client Group® (NEPCG) has announced the portfolio sale of Wayne Studios & Beers Apartments, multifamily investment properties in Bridgeport, CT.
Managing Director, Brad Balletto, Senior Associate Rich Edwards, Vice President of Brokerage Bob Paterno and Senior Associate Jeff Wright represented the seller and procured the buyer in the transaction.
“This transaction is the first of hopefully many as part of a larger portfolio disposition and repositioning for a long-time client. I am extremely grateful to the Seller for their trust in me in advising them throughout this tremendously important project,” said Balletto.
The 18-unit, 9,636 square-foot Beers Apartments at 35 Beers Street and 20-unit, 9,360 square-foot Wayne Studios at 155 Wayne Street, both in Bridgeport, sold in a single transaction to a single buyer.
Balletto continued “Congratulations to the Buyer, a new relationship for the firm that we look forward to growing, on acquiring two very well-located properties in one of our favorite submarkets for investment, Bridgeport, CT.
Northeast Private Client Group® specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1,200 successful transactions have been completed, totaling over $4 billion in value within local submarkets around the Northeast and Southeast regions of the United States.
