I am happy to announce that I represented the buyer for 197 Scott Swamp Road, Farmington, CT. The 44,000 sq. ft. class A office building recently sold for $4.72 million. For all those investors out there, the cap rate beginning in 2010 will be just over 10%.
If you have a question on investement sales, please send them my way.
Robert G. Gaucher, CCIM, SIOR
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