AVON PLACE CONDOMINIUMS SELLS FOR $22M IN AVON, CONN.

AVON, CONN. — Gaia Real Estate has purchased 163 units of the 188-unit Avon Place, a condominium property located in Avon, about 10 miles west of Hartford, for $22 million. Avon Place is made up of three residential buildings situated on 46 acres. Jeff Dunne, Christopher Leonard and Michael Stone of CBRE represented the seller, Equity Residential, in the condo interest sale.