News: Connecticut

La Fontaine of Star Commercial arranges $27 milllion financing

Shelton, CT Joe La Fontaine, investment specialist at Star Commercial, Real Estate arranged $27 million financing of the Marketplace located at 405 Bridgeport Ave.

The financing will convert from a construction loan into a permanent upon completion of the construction during the fall. This 132,000 s/f retail center, is anchored by Big Y Supermarket which, in addition to other tenants, was leased by Roberta Sullivan, retail specialist, at Star Commercial.

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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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