2012 Conn. Annual Review - February

KABR/Blackpoint joint venture buys 175,000 s/f office building for $11 million at 535 Connecticut Avenue in Norwalk Washington Trust provides $8 million financing for Hilton Garden Inn to an affiliate of MCRS Milford Development, LLC Drinkwater and Richard of Marcus & Millilchap broker $1.3 million sale at 150 Harrisville Road in Woodstock Cafasso, Jr. joins Real Living Wareck D'Ostilio Real Estate as a realtor and IT manager in New Haven DeLuca and Jacobs of Signature Group expand SmartEquip lease at 20 Glover Avenue in Norwalk to 11,738 s/f Matthews Commercial brokers $1.28 million sale and leases 21,000 s/f at 1838 New Britain Avenue and 51 North Elm Street Question of the Month: What kinds of businesses are selling in this economy? by Jeff Swiggett of VR Business Sales Wettenstein of Vidal/Wettenstein brokers 40,000 s/f $750,000 sale at 257 Roosevelt Drive to A Quick-Pick Crane Service RBS Citizens finances $1.3 million loan from RBS Citizens for Guilmartin, DiPiro and Sokolowski Flynn Properties begins construction of 18-unit apartment redevelopment at 390 Boston Neck Road in Suffield The commercial classroom: Welcome to 2012 -The year of real estate opportunity - By Edward Smith of Coldwell Banker Commercial NRT Town of Suffield seeks developer to create a dynamic, pedestrian-friendly town center - By Patrick McMahon of Town of Suffield Farmington now considered the economic hub of Connecticut - By Courtney Hendricson of Town of Farmington Placemaking, an old idea that's new again, tries to improve the quality of life from the smallest scale - By Terri-Ann Hahn of LADA, P.C.