Educational Playcare in Ellington Opens

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Cornerstone is happy to announce the April opening of Educational Playcare in the Big Y shopping center in Ellington, CT. The freestanding 15,000 square foot building is the newest edition to Educational Playcare’s locations. Educational Playcare is a perfect fit for the Big Y center whose other tenants include Dollar Tree and McDonald’s  among others.

Access the link below to learn more:
http://www.educationalplaycare.com/locations/ellington/

Sold: Trumbull on the Park

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Cornerstone Properties, Inc. is happy to announce the sale of Trumbull on the Park which it has managed since it was originally developed by Martin Kenny in 2005. The100 unit apartment complex, together with 600 space parking garage has been sold to Spectra on the Park. Cornerstone wishes the new owners the best of luck and success with the property.

http://www.courant.com/real-estate/property-line/hc-trumbull-on-the-park-sale-20180412-story.html

Bank Of America Shoreline

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Cornerstone is pleased to announce that it has completed the sale of its portfolio of four  Connecticut Bank of America branches that it purchased in 1998. The branches were located in Old Saybrook, Niantic, Mystic and Montville Connecticut. During its holding period we successfully renegotiated and extended each of the leases. Cornerstone continues to enjoy a successful relationship with Bank of America in our other locations in Connecticut and Massachusetts.