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Besen Kicks Off Targeted Investment Strategy With Office Acquisition

Ohio Investor Sells Property in New Canaan, Conn.
The 30,000-square-foot office building at 258 Elm St. in New Canaan, Connecticut, was built in 1983. (CoStar)
The 30,000-square-foot office building at 258 Elm St. in New Canaan, Connecticut, was built in 1983. (CoStar)
By Holt Norman
CoStar Research
October 22, 2019 | 7:44 P.M.

Besen Partners, a New York-based institutional investment firm, has purchased an office building in New Canaan, Connecticut, from Independence, Ohio-based Covia for $6.93 million, or about $231 per square foot.

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News | Besen Kicks Off Targeted Investment Strategy With Office Acquisition