Somerset Square’s flagship office property in Glastonbury has sold for $23.6 million.
A partnership controlled by Capstone Properties purchased the 4-story, class-A building. The Silverman Group, based in New Jersey, sold the 147,935-square-foot property. The company acquired the facility at 95 Glastonbury Blvd. five years ago.
The Hartford CBRE/NE team of John McCormick and Patrick Mulready represented the seller and procured the buyer in the transaction.
“All of our current real estate investments are located in the central Connecticut marketplace, of which Glastonbury is a very vibrant, active and progressive business community,” Brad Baran, a managing member from Windsor-based Capstone Properties, said in a statement. “By adding 95 Glastonbury Blvd. to our portfolio, we feel we can offer additional resources and services to our current tenant base as well as now be able to meet all of their current and/or future space requirements as they grow their respective businesses.”




