Shelton, CT (February 10, 2025) – Northeast Private Client Group® (NPCG), a leading commercial real estate investment brokerage firm specializing in the Northeast, is pleased to announce the successful sale of Had Jac Apartments, a 19-unit multifamily property located in West Haven, Connecticut.
Managing Director Brad Balletto & Vice President Jeff Wright of Northeast Private Client Group, represented the seller and procured the buyer in this transaction. The buyer, a Wallingford-based owner-operator, is strategically growing their West Haven portfolio and recognized the inherent value in Had Jac Apartments due to its legacy ownership. Conversely, the seller, a well-established owner-operator from the New Haven area, made the strategic decision to divest from this long-term investment, marking the conclusion of their multi-decade ownership of the property.
“The Had Jac Apartments presented a compelling value opportunity in the West Haven market due to its legacy ownership,” said Brad Balletto. “The property offered the buyer the chance to capitalize on operational enhancements and potential upgrades. This sale
allowed the seller to achieve their long-term investment strategy while providing the buyer with a well-located asset poised for future growth within their expanding portfolio.
About Northeast Private Client Group®
Northeast Private Client Group® (NPCG) specializes in mixed-use, retail, industrial, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, the firm has completed more than 1,200 successful transactions, totaling over $4 billion in value within local submarkets around the Northeast and Southeast regions of the United States.
