2012 Conn. Annual Review - April

Breda and Adams of Goedecke & Company arrange $14.365 million refinance loan on behalf of Abbey Road Advisors Dunne, Bardsley, Gavin and Pride of CBRE broker $9 million sale of 500 Post Road in Westport Sherman of Angel Commercial sells 16-18 Ann Street for $999,000 to Inspira Marketing R. Calabrese Agency completes $1.8 million sale of 17,803 s/f hotel and 7,600 s/f restaurant in Waterbury Star Commercial leases 2,800 s/f to Fusion Restaurant at 8 Church Lane in Westport to open in early fall Geenty Group brokers three transactions totaling 11,997 s/f including a 5,000 s/f, $262,500 sale of 560 Durham Road Morris of OR&L Commercial leases 19,540 s/f at 71 Hammer Mill Road; Jones Lang LaSalle represents lessee John D. Hastings Inc., Commercial Real Estate of Westport brokers seven lease transactions totaling 62,950 s/f Most lenders believe 2012 will provide excellent lending opportunities - By Ernest DesRochers of NorthMarq Capital Francis T. Zappone Company sells three office buildings for $1 million located at 67-75, 265 and 281 Meriden Road in Waterbury George J. Smith & Son leases 9,000 s/f at 65-145 Furniture Row to Porch & Patio in Milford Franco joins Worth Avenue Capital as managing director - a long-time commercial banking specialist in Connecticut Trevor Davis Commercial Real Estate brokers two sale transactions totaling $1 million at 282 Main Street and 221 Middlesex Avenue Nolan and Melillo of H. Pearce Commercial arrange $1.45 million sale - will operate as The Tradition Golf Club at Oak Lane