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CCIM Connecticut Chapter to hold holiday networking banquet and installation of 2024 officers
October 20, 2023
New Haven, CT The CCIM Connecticut Chapter will hold their annual holiday networking banquet and incoming 2024 officer installation ceremony on Thursday, November 30, 2023, from 5:30-9:30 pm. 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.
Life Time opens first location in CT with 52,000 s/f athletic country club
October 20, 2023
Stamford, CT Life Time, a premier healthy lifestyle brand, opened the first Life Time in the state with a nearly 52,000 s/f athletic country club and 10,000 s/f rooftop beach resort. Simultaneously, Life Time Living, the vertically integrated residential tower featuring 290 luxury-for-lease residences, marked its official opening as well.
Lyman Real Estate represents seller in sale of 8,000 s/f facility
October 20, 2023
Westbrook, CT Lumber 2 Leather, a baseball and softball training company, purchased the industrial building at 119 Spencer Plains Rd. Lyman Real Estate Brokerage & Development sales agent and development associate Sam Lyman represented the seller, OSCT, LLC. Will Braun of O,R&L Commercial represented the buyer. The building is located just off I-95, Exit 66. Sale price was $1 million.
Saugatuck Commercial Real Estate completes multiple transactions
October 20, 2023
Bethel, CT Saugatuck Commercial Real Estate (SCRE) has completed the following transactions: • Dan Neaton of SCRE represented the seller of 11 Durant Ave. in Bethel in the $6 million sale of the 71,000 s/f fully leased, industrial property.
Greenwich Office Park renovates 3,500 s/f tenant fitness center
October 20, 2023
Greenwich, CT Greenwich Office Park has debuted a newly renovated fitness center and offered a flu vaccination clinic. Greenwich Office Park renovated its tenant fitness center to suit contemporary preferences in exercise gear and fitness technology. The relocated 3,500 s/f facility offers tenants new Star Trac treadmills, stationary bicycles, Hoist jungle stations, Cybex press machines, and a wide selection of dumbbells, barbells and kettle balls.
Winstanley Enterprises acquires 135-acre distribution site
October 20, 2023
Enfield, CT Winstanley Enterprises LLC has acquired 135-acre parcel known as Metro Park North located at 1679 King St. The shovel-ready parcel, situated at the intersection of Rte. 5 and Corporate Rd., has received all necessary state and local approvals to support development. Terms of the deal were not disclosed. Winstanley Enterprises is confident that as the warehouse and distribution sector continues to thrive, businesses looking to quickly fulfill their distribution needs in the marketplace and to expand or establish their presence will be attracted to this shovel-ready site.
CBRE property recognized by BOMA-Southern CT for TOBY award
October 20, 2023
Stamford, CT A class A trophy property located at 680 Washington Blvd., part of the Stamford Towers complex that CBRE serves as exclusive leasing and managing agent, was recognized with the Southern CT Building Owners and Managers Association’s (BOMA) coveted Outstanding Building of the Year (TOBY) award at an Awards Dinner & Casino Night gala held on October 5 at the Wee Burn Beach Club in Norwalk.
Horvath & Tremblay sells two retail
properties - $7.3m, 25,430 s/f
October 20, 2023
Old Saybrook, CT Horvath & Tremblay has completed the sale of two retail properties for a total of $7.3 million. Matt Nadler, Jack Laurendeau, and Rob DiFranco of Horvath & Tremblay have completed the sale of the Agway and Dunkin’. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.9 million.
Richetelli of Colonial Properties completes two transactions totaling 5,800 s/f
October 20, 2023
Clinton, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions. ichetelli represented the seller, Liberato Pelosi, in the sale of 120 E. Main St.; a 3,800 s/f multi-tenant mixed-use investment property on .31 acres for $575,000. The buyer, Matt Hikmet Sahintepe, was represented by Jacqueline Hoyt of Coldwell Banker Realty. The seller’s attorney was Norman Fishbein.
American Ladder Institute offers new Top Cap sponsorship for 2024 campaign
October 20, 2023
Cleveland, OH The American Ladder Institute (ALI) is seeking sponsors for next year’s National Ladder Safety Month. New for 2024, the enhanced Top Cap sponsor becomes a leading voice on ladder safety at work and at home. The sponsorship is a valuable brand
Seligson Properties breaks ground on $50m healthcare redevelopment
October 20, 2023
Norwalk, CT Seligson Properties broke ground on the second phase of the new $50 million healthcare hub to be built at 32 Knight St., allowing Hartford HealthCare to expand access to affordable care in Fairfield County. The adaptive reuse of the one-story commercial building, formerly occupied by home furnishing business Lillian August, at the intersection of US-1 and Knight St. is being redeveloped into a 47,000 s/f medical office building.
Arnold Peck completes $700,000 land sale
October 20, 2023
Southbury, CT The land parcel at the corner of I-84 and Rte. 67 consisting of 7.5 acres has been sold by Arnold Peck of Arnold Peck’s Commercial World for $700,000. This land had been for sale for years and it was a challenge to locate the right developer and use for the land sitting at the four-way interchange of Fairfield, Hartford, New Haven, and SMSA.
Beverly Willis, architect and founder of National Building Museum, passes away at 95
October 20, 2023
Branford, CT Beverly Willis FAIA, born February 17, 1928, an American architect who played a major role in the development of many architectural concepts and practices that influenced the design of cities and buildings, died Sunday morning Oct. 1st, due to complications of Parkinson’s disease.
GTIS Partners expands $1 billion industrial portfolio with acquisition of land for development of a ...
October 20, 2023
Dallas, TX GTIS Partners (GTIS), a global real estate investment firm managing $4.5 billion in gross assets with a U.S. focus on residential and industrial/logistics investments, made known the fee simple acquisition of a 17-acre site to develop
Cushman & Wakefield procures $223.869m in refinancing for four building portfolio - provided by Grey...
October 20, 2023
Stamford, CT Cushman & Wakefield (C&W) served as the exclusive advisor to the ownership group in the procurement of a combined $223.869 million for the refinancing of the Harbor Point portfolio, a four-building, 989-unit multifamily portfolio located at 301 Commons Park South, 111 Towne St., 110 Towne St. and 120 Towne St. The Freddie Mac financing was provided by Greystone.
Gray, Gray & Gray to host business planning seminar on Dec. 5
October 20, 2023
Canton, MA Gray, Gray & Gray, LLP, one of the country’s leading consulting, accounting and business advisory firms, will host “Power Up: How to Thrive in 2024,” a free year-end planning seminar for businesses and individuals
$2.555 million bond from MassDevelopment and PeoplesBank helps Springfield Technical Community Colle...
October 20, 2023
Springfield, MA MassDevelopment has issued a $2.555 million tax-exempt bond on behalf of Springfield Technical Community College Assistance Corp. (STCCAC), which used bond proceeds to renovate 28,500 s/f of space within the Springfield Technology Park at 1 Federal St.
New England closes Q2 2023 with 114 projects and 12,673 rooms in its hotel construction pipeline - b...
October 20, 2023
As seen in the Q2 2023 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total New England hotel construction pipeline at the end of the second quarter stands at 114 projects/12,673 rooms. New construction project counts in the
NAI Glickman Kovago & Jacobs facilitates $825,000 sale of warehouse
October 20, 2023
Worcester, MA NAI Glickman Kovago & Jacobs facilitated the $825,000 sale of a 5,000 s/f warehouse building located at 6 Eames Rd. The seller, SLC Realty Trust was represented by NAI Glickman Kovago & Jacobs vice president Tim Whittredge
R.W. Holmes represents MedMinder in lease at 320 Norwood Park South
October 20, 2023
Wayland, MA R.W. Holmes completed a lease expansion for MedMinder, bringing the tenant’s total footprint to 24,000 s/f. MedMinder, a fully integrated, end-to-end pharmacy, medication adherence, and connected care solutions provider,