CBRE Brokers $20.7M Sale of Putnam Green Apartments in Greenwich, Connecticut

CBRE Brokers $20.7M Sale of Putnam Green Apartments in Greenwich, Connecticut

GREENWICH, CONN. — CBRE has brokered the $20.7 million sale of Putnam Green, a 66-unit apartment complex located in the southern coastal Connecticut community of Greenwich that was built in 1976. According to Apartments.com, the property offers one- and two-bedroom units. The sale represents a fee interest in the land, which was ground-leased to the neighboring property. CBRE negotiated a termination with the ground leaseholder contemporaneously…

Veris sells 197-unit Morris Plains rental property for $85 million, in deal arranged by CBRE – Real Estate NJ

Signature Place at 250 Johnson Road in Morris Plains — Courtesy: CBRE By Joshua Burd Veris Residential Inc. has sold a 197-unit luxury apartment building in Morris Plains, fetching $85 million for an asset that helped revitalize a former aging suburban office property. Brokers with CBRE arranged the sale at 250 Johnson Road, which comes seven years after the completion of what’s known as Signature Place. They noted that the property is within a …