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Lee Farm office building sells for nearly $32 million

The Lee Farm office building in Danbury sold yesterday for $31.75 million.  Fairfield-based Summit Development and The Grossman Cos. sold the property it bought nearly 5 years ago for $16.9 million to CT Property Realty.  The 5 story building was at 65-percent occupancy then, but after a more than $1 million renovation, it's completely full.  

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Rich Valdes

Local Headlines