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NAI Glickman Kovago & Jacobs facilitates sale of 221 acres in Charlton, MA for $8.3 million
November 17, 2023
Charlton, MA An affiliate of GFI Partners of Boston purchased 221 acres of industrial zoned land at 241 Sturbridge Rd., from Greenhill Realty Trust on October 25, 2023 for $8.3 million. NAI Glickman Kovago & Jacobs principal James Glickman, represented the seller in this transaction.
Vidal/Wettenstein handles 15,585 s/f in three
leases in Bridgeport, CT
November 17, 2023
Bridgeport, CT The former Alloy Engineering building located at 304 Seaview Ave. had been sold to an investment company in May of 2023. The building was put on the market as a vacant 27,000 s/f industrial facility, and since that time, three tenants have moved into the building.
The Chiofaro Company breaks ground on $100 million reinvestment and reimagination of the 1.8 million...
November 17, 2023
Boston, MA Located along the Rose Kennedy Greenway at the crossroads of the downtown waterfront and the Seaport District, International Place’s cylindrical towers are among the most iconic on the city’s skyline. The Chiofaro Company has made International Place a premier office destination for decades. To further their commitment, Chiofaro has embarked on a $100 million reinvestment and reimagination of the 1.8 million s/f office complex.
Svigals + Partners and RJ Development complete 203-unit aptartment building
November 17, 2023
New London, CT A new multifamily rental community built on the corner of Hamilton and Howard Sts. is bringing new life to the neighborhood with market-rate residences. The Beam was designed in two phases by architecture, art and advisory firm Svigals + Partners with RJ Development, the new five-story, wood-framed residence orients northward to downtown
Neubert, Pepe & Monteith attorneys selected for 2023 CT Super Lawyers and Rising Stars lists
November 17, 2023
New Haven, CT Neubert, Pepe & Monteith, P.C. has had ten of the firm’s attorneys selected to the 2023 Connecticut Super Lawyers and Super Lawyers Rising Stars lists. Selected to the 2023 Connecticut Super Lawyers list are: Robert Flynn, business litigation; Kevin Godbout, professional liability: defense; Matthew Horowitz, professional liability: defense; Andrew Lubin, real estate; Michael Neubert, personal injury medical malpractice: defense; and Douglas Skalka, bankruptcy: business.
Vessel Technologies breaks ground on five-story residence - 146 Realty Dr.
November 17, 2023
Cheshire, CT Vessel Technologies, Inc. has broken ground on its project at 146 Realty Dr., which will bring 70 new attainably-priced homes to the previously vacant location. The housing product innovator is preparing the site for construction of the planned five-story building near Rte. 10. Vessel’s high-performance building system was created as a solution to help communities address critical local housing needs by delivering aspirational homes for the “missing middle,” those who earn far too much to qualify for subsidized housing and far too little to qualify for “luxury” market rate housing.
Connecticut CCIM Chapter to hold holiday networking banquet and installation of 2024 officers
November 17, 2023
New Haven, CT The CCIM Connecticut Chapter will hold their annual holiday networking banquet and installation on Thursday, November 30, 2023, from 5:30-9:30 pm. Industry and allied professionals are welcome to attend and enjoy an evening of networking with real estate colleagues, associates and future leaders and professionals. The event will take place at Amarante’s Sea Cliff. The chapter will be celebrating the installation of its 2024 officers, including president Stephanie Coleman, CCIM.
Worth Avenue Capital closes $100,000 loan
November 17, 2023
Greenwich, CT Worth Avenue Capital, LLC (WAC) has closed a $100,000 commercial loan to a Connecticut based real estate investor. The loan proceeds were used for working capital purposes and the loan is secured by a blanket mortgage on four separate properties including two commercial condominiums in Greenwich, with an underlying LTV of approximately 60%. The aforementioned condo complex is fully leased by various dental and periodontist practices.
Viking Construction presents 2023 Construction Education Award to Quattrocchi
November 17, 2023
Bridgeport, CT Steven Quattrocchi of Norwalk has received the 2023 Viking Construction Education Award. This year, Viking Construction presented Quattrocchi with a full set of tools which he needs to participate in a four-year carpentry apprenticeship with the North Atlantic States Carpenter’s Training Fund. Through this classroom and hands-on training program, Quattrocchi will develop skills and field knowledge that qualify him to become a journeyman within the carpentry field.
Fellah of HK arranges acquisition of 449 Boston Post Rd. for $2 million
November 17, 2023
Orange, CT Franco Fellah, executive vice president at HK Group represented the buyer in the acquisition of the 13,660 s/f freestanding retail building located at 449 Boston Post Rd. The building was previously owner occupied, doing business as Chef’s Equipment Emporium.
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Joyal of Lila Delman Compass sells The Point House for $7.5 million
November 17, 2023
Stonington, CT Lila Delman Compass has sold ‘The Point House’, 5 Water St. for $7.5 million. Lori Joyal, managing broker of Lila Delman Compass’ Watch Hill Office, represented the seller. According to data maintained by the CT SmartMLS, this transaction marks the highest single-family home sale ever recorded in this town.
Wettenstein of Vidal/Wettenstein brokers two transactions - $4.12m
November 17, 2023
Newtown, CT Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein was the listing broker for two transactions, a retail shopping plaza and an industrial flex building, totaling $4.12 million. The retail shopping plaza located at 14 Church Hill Rd., has been sold. The sale price for the 17,557 s/f plaza which is on 2.17 acres, sold for $3.37 million or just under $192 per s/f. The property had been owned by Church Hill & Queen LLC, and the purchaser was Arrowhead Properties, LLC.
Houlihan Lawrence names Haidinger Darien brokerage manager
November 17, 2023
Darien, CT Houlihan Lawrence has named Courtney Haidinger manager of its local brokerage. Haidinger, a former Houlihan Lawrence agent, has been a realtor for 12+ years, serving buyers and sellers of properties in Darien, New Canaan and Rowayton, and has returned to Houlihan Lawrence from Compass. Prior to entering real estate, Courtney built her skills during a career in national and local advertising sales in both television and radio.
Chozick Realty facilitates sale of multifamily
community for $30 million
November 17, 2023
Griswold, CT Investment broker, Chozick Realty Inc. has facilitated the sale of Pleasant View Estates, a newly constructed 102-unit townhouse multifamily community. The closing price for Pleasant View Estates was $30 million. Chozick Realty’s Rick Chozick commenced marketing efforts for Pleasant View Estates when the property construction was 75% complete.
Saugatuck Commercial Real Estate completes leasing at 1835 Post Road East
November 17, 2023
Westport, CT Saugatuck Commercial Real Estate (SCRE) has completed leasing 100% of the property owned by Blackshaw Hunchar LLC at 1835 Post Rd. East. 1835 Post Rd. East is a three-building campus located across from Home Goods and Stop and Shop. 1,550 s/f was leased to Becca Interiors, a full-service interior design firm, 964 s/f was leased to Blossom + Stem Floral Design, a private floral studio
Shawmut Design and Construction begins work on 45,000 s/f YDS Living Village residence hall
November 17, 2023
New Haven, CT Shawmut Design and Construction joined Yale Divinity School (YDS) on October 11 to officially break ground on the Living Village, a living building residence hall for divinity students. Set to open in 2025, the 45,000 s/f, 4.5-acre project will be the largest residential living building on a university campus anywhere and is designed to meet the standards of the Living Building Challenge (LBC), an international certification system that promotes sustainable design and construction.
NAI Glickman Kovago & Jacobs brokers $1.1 million sale of 18,000 s/f industrial building
November 17, 2023
Putnam, CT Holzknecht Holdings LLC sold its 18,000 s/f industrial facility at 1 Ridge Rd. to Dandeneau Properties LLC. NAI Glickman Kovago & Jacobs (NAIGKJ) vice president, Jeff Borus, represented both parties in the transaction saying, “This transaction represents a significant step forward for both parties. Putnam Plastics, an engineering and manufacturing company that specializes in polymer tubing used in medical devices, will occupy the building.
A.P. Construction Company breaks ground on $22 million Boys & Girls Club project
November 17, 2023
Greenwich, CT A.P. Construction Company (APC) has broken ground on the new construction and renovation project for the Boys & Girls Club of Greenwich to expand and enhance its facility. Governor Lamont and other officials were in attendance for the groundbreaking ceremony held on October 23rd. The clubhouse was built in the 1930s and this is the club’s first major renovation project in nearly 20 years.
Rouse and Sweeney of Sweeney Real Estate sell 2,019 s/f office condo for $250,000
November 10, 2023
Warwick, RI BraveRiver Properties, LLC sold a 2,019 s/f office condominium at 875 Centerville Rd., Building 3 for $250,000 to Mentor Rhode Island: The RI Mentoring Partnership, Inc. The unit will serve as Mentor Rhode