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Stamford Apartment Building Sells For $78 Million
Element One, a 183-unit multifamily property at 111 Morgan St. in Stamford, has sold for $78 million according to this report by Westfair.
CBRE Global Investors represented the seller, a joint venture between Fuller Development and Spinnaker Real Estate Partners, and the buyer, Friedkin Realty Group, in the transaction.
Built in 2017, Element One’s units offer quartz countertops, stainless steel appliances, five-burner stoves, oversized windows, tile backsplashes and soft-closing cabinets, along with breathtaking views of Plum Island. The development’s amenities include multiple resident l…