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Institutional Property Advisors Brokers Multifamily Sale in Central Connecticut

February 27, 2026
MERIDEN, Conn., Feb. 28, 2026 –Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced today the sale of Pomeroy Place Apartments, a 42-unit apartment complex in  Meriden, Connecticut.

"Niche new construction deals continue to garner significant interest from the investor base,” said Eric Pentore, IPA senior managing director investments. Pentore, along with the investment team of Wes Klockner, Ross Friedel and Victor Nolletti represented the seller and procured the buyer.

The property’s location between Hartford and New Haven places residents within commuting distance of both cities via Interstate 91 and the Amtrak station in nearby Wallingford. Shopping is close by at Wallingford Plaza and Meriden Mall. Nathan Hale Elementary School, Francis T Maloney High School, Middlesex Hospital and Wesleyan University are within proximity.

Completed in 2025, Pomeroy Place Apartments has a unit mix of studios and one- and two-bedroom apartments. Units have washers and dryers, dishwashers, quartz kitchen counters, and hardwood flooring. Community amenities include structured garage parking and a fitness center.

 

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About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com.

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