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Shelton, CT (January 26, 2024) – 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 Park Circle Apartments, a multifamily property located at 1 Park Circle in Milford, Connecticut.
Senior VP, Investments Taylor Perun & VP, Investments Rich Edwards of Northeast Private Client Group, represented the seller and procured the buyer in this transaction. The Buyer is a Wallingford-based owner-operator, who is strategically growing their Connecticut portfolio through acquisitions throughout the state. The seller, a local owner-operator, successfully executed their business plan and is moving on to their next investment opportunity.
“Park Circle Apartments represented an excellent opportunity for the buyer to acquire a well-located property in the desirable Milford market,” said Taylor Perun. “The property’s location combined with the continued strength of the Connecticut multifamily market, made this a highly sought after asset.” Rich Edwards added. The transaction highlights NPCG’s continued ability to match the right buyers and sellers to achieve mutually beneficial outcomes.”
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.