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Connecticut's tallest building sold for $99 million


HARTFORD — A 38-story office tower in Hartford that is Connecticut's tallest building has been sold for $99 million.


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By The Associated Press Posted: 04/02/12, 12:01 AM EDT | # Comments HARTFORD -- A 38-story office tower in Hartford that is Connecticut's tallest building has been sold for $99 million. An executive at real estate services firm Jones Lang LaSalle told The Hartford Courant that the sale of CityPlace I in Hartford closed Friday in the downtown area's biggest deal since 2007The newspaper reports the buyer is CommonWealth REIT, a real estate investment trust based in Newton, Mass. The 885,000-square-foot building was sold by CityPlace LLC, which had owned the tower since its construction in 1983The sales price equals about $112 a square foot, just under the $119 a square foot that State House Square was sold for five years ago. #AD_text{ font-size: 11px; color: #999999; } (function() { var secondaryMedia = $("#secondary-media").css('height'); var factbox = $("#factbox").css('height'); var internalContent = parseInt(secondaryMedia + factbox); if((internalContent

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