News: Brokerage

Shawah of Baldwin Pearson & Company brokers $1.57 million sale of mixed-use asset

Norwalk, CT Baldwin Pearson & Co., Inc. has completed the sale of 201 Liberty Sq., which closed for $1.575 million. This rare and compelling mixed-use asset features five retail units, two apartments, and a rear split-level residence, offering diverse income streams in one of the town’s most sought-after locations.

Positioned directly adjacent to the Washington Street Bridge, the property benefits from visibility and access in the heart of the neighborhood. The transaction underscores continued demand for well-located mixed-use assets in Fairfield County.

Daniel Shawah of Baldwin Pearson represented both the buyer and seller, skillfully navigating a transaction from start to finish. The seller, East Norwalk Partners LLC of Norwalk, Connecticut, completed the sale to Lightrock Management of New York.

“This deal truly had every obstacle imaginable,” said Shawah. “Reaching the closing table was a testament to the commitment, collaboration, and professionalism of both parties. We are extremely proud to have delivered a successful outcome.”

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Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million

Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
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