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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.
The 311-unit Parkledge has a mix of one-, two-, three-, and four-bedroom apartments.
The 143-unit property includes two ground-floor commercial units, a newly renovated rooftop deck and lobby, and a resident game room.