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Innovative retailers adapt amidst closures and downsizing - by Laura Bellotti Cardillo
November 29, 2024
Retail closures have become a frequent story across Southern New England in recent years, and the trend is likely to continue into 2025. However, the so-called “retail apocalypse” is only part of the story. There’s another side — one of
Horvath & Tremblay sells two retail properties in New Hampshire for $9.05 million
November 29, 2024
Franklin, NH Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a new construction Irving Gas & Convenience Store at 901 Central Rd. Horvath & Tremblay exclusively represented the seller and procured the buyer
Business Exchange and Ellis Realty arrange sale of 12,500 s/f Haddads Ocean Cafe restaurant
November 29, 2024
Marshfield, MA Adam Bauer, principal of The Business Exchange and David Ellis, managing director of Ellis Realty Advisors exclusively arranged the sale of Haddad’s Ocean Cafe located at 291-293 Ocean St., on behalf of ownership Haddad Realty Trust, LLC
Simon celebrates transformation
of 130,000 s/f Burlington Mall
November 29, 2024
Burlington, MA Simon has completed a multimillion-dollar revitalization and 130,000 s/f redevelopment at Burlington Mall. Over the past five years, this project has elevated the Burlington Mall experience for customers and the community
CBRE represents DRA Advisors and KPR Centers in sale of 101,105 s/f Bethel Shopping Center to Philli...
November 29, 2024
Bethel, CT Nat Heald, Jeffrey Dunne and David Gavin of CBRE’s national retail partners represented DRA Advisors and KPR Centers in the sale of Bethel Shopping Center. CBRE also procured the buyer, Phillips Edison & Co. (PECO).
Arrow Security adds James Bernier as senior vice president for New England region
November 22, 2024
Hartford, CT Arrow Security has added James Bernier, CPP as senior vice president of New England to the company. Bernier, CPP, is the senior vice president for New England at Arrow Security, where he oversees the
B.C. Tent & Awning to provide cover for Plymouth's Thanksgiving Parade
November 15, 2024
Plymouth, MA The town of Plymouth, Massachusetts, is preparing to kick off the celebration and holiday season as it hosts three days of activities this upcoming weekend, the Thanksgiving Parade, on Saturday, November 23
Jay Nuss Realty Group, LLC names Liz Tavares to partner/manager role at firm
November 15, 2024
Braintree, MA Jay Nuss Realty Group, LLC, a leading multi-service commercial real estate brokerage firm, named Liz Tavares, Esq. as partner/manager. Jay Nuss, principal of Jay Nuss Realty Group, with over 40 years of experience in the commercial real estate market
Clear Investment Group expands Midwest footprint with acquisition of 70-unit portfolio
November 15, 2024
Columbus, OH Clear Investment Group has acquired a 70-unit add on portfolio. With this addition, Clear Investment Group expands their presence in the Midwest market to over 450 units, when combined
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Shawmut Design and Construction and Hobbs Brook Real Estate celebrate topping off of FM’s R&D cent...
November 15, 2024
Norwood, MA Shawmut Design and Construction, Hobbs Brook Real Estate, and Payette celebrated the topping off of commercial property insurer FM’s new office project, which will offer a
Wilder grows Florida presence with acquisition of Shoppes at Palmer Ranch
November 15, 2024
Sarasota, FL Wilder, a Boston-based premier retail real estate firm, has acquired the Shoppes at Palmer Ranch, a retail destination. In partnership with two long-term investors, this
Eversource’s Small Business Energy Advantage program continues to grow; surpases $100 million in l...
November 22, 2024
Hartford, CT The Connecticut Green Bank and Amalgamated Bank recently celebrated the cumulative purchase of $100 million in loans through Eversource’s Small Business Energy Advantage (SBEA) program, which enables small businesses in Connecticut to reduce their energy costs through
Lyman Real Estate sells 19.16-acre site to Lake Hayward Props. for new 195-unit apartment complex
November 22, 2024
Colchester, CT A 19.16-acre parcel on Lake Hayward Rd. will be the site of Lake Hayward of Colchester Apartments, according to Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development. Lyman represented seller Roaring Brook Advisors, LLC. The buyer, Lake Hayward Properties
Toll Brothers opens Regency at Rivington 55+ community
November 22, 2024
Danbury, CT Toll Brothers, Inc.’s Regency at Rivington, a new 55+ community, is now open for sale. Regency at Rivington offers a blend of luxury and lifestyle, featuring single-family homes and amenities for active adults. The new community is located at Vista Point Dr., and
CCIM Connecticut Chapter to host Holiday Season Kick-off on Nov. 21
November 22, 2024
Hartford, CT The Connecticut CCIM Chapter will host a networking event and sponsor showcase on November 21, 2024, at 5:30 PM. The event will be held in the Samuel Colt Room at Thomas Hooker Brewery, 140 Huyshop Ave. This event is designed to provide commercial real estate professionals with a unique opportunity to
Kornreich of Angel Commercial leases 6,600 s/f industrial/flex space
November 22, 2024
Stratford, CT Eva Kornreich, vice president of Angel Commercial, LLC, has leased 6,600 s/f of industrial/flex space at 55 Lupes Dr. Complete Environmental Testing, Inc. will be the new tenant. Kornreich, who acted as the sole broker in the transaction, said “The space leased very
Charter Realty leases 34,000 s/f to Price Rite at Waterbury Shopping Center
November 22, 2024
Waterbury, CT Price Rite Marketplace will open a new location at Waterbury Shopping Center. The deal marks Price Rite’s first new lease signing in over five years. William Cafero of Charter Realty brokered the deal on behalf of the landlord, Tartaglia Commercial
Essex Financial named to Forbes Top Registered Investment Advisory List
November 22, 2024
Essex, CT According to SHOOK Research, Essex Financial has been selected as one of its Top Registered Investment Advisory (RIA) firms in the U.S. for 2024 by Forbes “We take great pride in being recognized by Forbes as one of the nation’s top Registered Investment
Engel and Fitzgerald join Neubert, Pepe & Monteith, P.C. as associates
November 22, 2024
New Haven, CT Marisa Engel and Robert Fitzgerald have joined the law firm of Neubert, Pepe & Monteith, P.C., as associates. Attorney Engel represents clients in the areas of commercial finance and banking as well as real estate law. Attorney Fitzgerald
Wilks of O,R&L brokers $770,000
sale of 5,938 s/f flex/warehouse
November 22, 2024
Cromwell, CT Thomas Wilks of O,R&L Commercial, LLC brokered the sale of 900 Corporate Row, for $770,000. The two-story, multi-tenant 5,938 s/f industrial/flex building is on 0.53 acres. The 20-ft. clear height block construction building contains three separate units with four