Harbor Landing at 28 Southfield Ave. in Stamford, Connecticut — Courtesy: JLL
By Joshua Burd
A joint venture has sold a waterfront apartment building in Stamford, Connecticut, for $73 million, in a new transaction by JLL’s Morristown-based capital markets team.
The brokerage team represented the sellers, Building and Land Technology and Lubert Adler Real Estate Funds, in their disposition of 28 Southfield Ave. Built in 2018, the property known as Harbor Landing is home to 218 luxury apartments.
Monday Properties and Neo Capital purchased the collection of studio, one-bedroom and two-bedroom units.
“Stamford continues to attract capital from across the region,” JLL’s Jose Cruz said. “We are proud to bring first-time investors to Stamford who understand the future upside in the market.”
Cruz brokered the sale alongside Steve Simonelli, Michael Oliver, Kevin O’Hearn and Ryan Robertson. JLL’s Michael Gigliotti and Peter Rotchford also secured a loan for the property.
In a news release, they noted that the complex features a pool, a club room, a fitness center and an expansive outdoor sundeck with fire pits and grills, with views of Harbor Point and the Long Island Sound.
Harbor Landing, 28 Southfield Ave., Stamford, JLL, Building and Land Technology, Lubert Adler Real Estate Funds
