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Targeted Real Estate Equities LLC and Holly Pond Capital LLC close on Norwalk office building acquisition

NORWALK, Conn., August 15, 2022–Targeted Real Estate Equities LLC (“Targeted”), as a Principal and Special Advisor, and Holly Pond Capital LLC (“Holly Pond”), as Sponsor (together, “New Ownership”), have closed on the acquisition of 69 East Avenue, a 14,000+ square foot office building in downtown Norwalk, CT. New Ownership intends to upgrade the building as well as convert the general office space to medical office space.

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