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Built in 2001, The Henry in Pomona was recently renovated.
The Fairfield Apartments' features include a clubroom with fireplace, caterer’s kitchen, and three private courtyards.
It is the fifth asset in Southwest Connecticut purchased by TEI, which since 2018 has acquired and managed over 1.5 million square feet of office, industrial and multi-family assets in Fairfield County.
Tenants at the 412,231-square-foot office park include the world headquarters of Booking Holdings and its Priceline subsidiary, Hitachi Capital America Corp., Remedy Partners and Omega Engineering.
“While many institutional investors have followed the crowds toward multifamily and industrial offerings, attractive opportunities to purchase stable, generational retail assets have been prevalent,” says the realtor's David Gavin.