JOINT VENTURE BUYS SUBURBAN OFFICE BUILDING IN CONNECTICUT FOR $11 MILLION

NORWALK, CONN. — In a joint venture KABR and Blackpoint Partners have acquired 535 Connecticut Ave. in Norwalk for $11 million. The 175,000-square-foot, Class A suburban office building includes a gym, cafeteria, conference facility and covered parking. The seller was LNR Partners, which purchased the building in 2006 for $26.5 million.