News: Connecticut

Colonial Properties, Inc. brokers three leases totaling 14,800 s/f

221 Bull Hill Lane - West Haven, CT

West Haven, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the company has completed the following transactions:

Richetelli and Tony Vitti of Colonial were the sole brokers in the leasing of 8,800 s/f of retail space at 221 Bull Hill Ln., to Battlezone LTD for a five year term. The Battlezone, a well established army/navy store, had been in Orange for over 30 years and is relocating their retail store, museum, and screen print and custom sign business into a larger facility. 

• Richetelli also was the sole broker for his representation of the landlord, KSS Associates, LLC, in the leasing of 2,800 s/f office space at 45 Connair Rd. in Orange, to K&A Engineering Consulting, PC for a five year term. K&A will be relocating their Bridgeport office. 

700 Sherman Avenue - Hamden, CT

• Tom Doyle, broker with Colonial, was the sole broker for his representation of the landlord, RPA Real Estate Holdings, LLC in the leasing of 3,200 s/f of industrial space at 700 Sherman Ave. in Hamden, to W&G Machine Company for a five year term. 

“We are pleased to be able to lease up these vacancies in a very challenging economic climate. There are fewer and fewer tenants in the market, so we need to utilize more creativity and diligence to find tenants,” said Richetelli. 

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Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m

Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
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