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Institutional Property Advisors brokers sale of 196,802 s/f Groton Sq. - a 196,802 s/f shopping center

Institutional Property Advisors brokers sale of 196,802 s/f Groton Sq. - a 196,802 s/f shopping cent...

March 24, 2023
Groton, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap closed the sale of Groton Sq., a 196,802 s/f, grocery-anchored shopping center. “Groton Sq. is anchored by the No. 1-ranked Kohl’s and the No. 2 Stop & Shop within
Hannigan of Choyce Peterson leases 4,050 s/f to Carta, McAlister & Moore

Hannigan of Choyce Peterson leases 4,050 s/f to Carta, McAlister & Moore

March 24, 2023
Darien, CT Choyce Peterson, Inc. completed lease negotiations on behalf of Carta, McAlister & Moore, LLC for its new 4,050 s/f office space at 777 Boston Post Rd. Choyce Peterson principal John Hannigan represented Carta, McAlister & Moore in the transaction.
Cafasso and Hunt of Colliers sell 28,126 s/f biotech research and development facility for $5 million

Cafasso and Hunt of Colliers sell 28,126 s/f biotech research and development facility for $5 millio...

March 24, 2023
Branford, CT Colliers negotiated the sale of 15 Commercial St. The transaction closed on February 27.  John Cafasso and Ian Hunt of the Colliers’ Hartford office represented the seller in the transaction.
Cecil named vice president of business development at A.P. Construction Co.

Cecil named vice president of business development at A.P. Construction Co.

March 24, 2023
Stamford, CT A.P. Construction Company (APC), a division of The Ashforth Co., has hired Jim Cecil as the vice president of business development. Cecil has over 25 years of experience in the construction industry. He is responsible for overseeing APC’s business development initiatives across all segments
Reyes named president at Union Savings Bank

Reyes named president at Union Savings Bank

March 24, 2023
Danbury, CT Union Savings Bank (USB) named Chelen Reyes the bank’s next president. “As we conducted our search for the next president of Union Savings Bank, Chelen rose to the top, embodying so many of the qualities we
Angel Commercial sells 36,952 s/f industrial building for $3 milliion to Liu

Angel Commercial sells 36,952 s/f industrial building for $3 milliion to Liu

March 24, 2023
Orange, CT Angel Commercial, LLC sold a 36,952 s/f industrial property on 3.1 acres at 22 Prindle Hill Rd. for $3 million to Shawn Liu, a local resident and investor. The seller was Maurer Metalcraft Associates, LLC, who held the property since 2008.
Bergin and Russell of Pearce Real Estate win CoStar’s Q4 Power Broker Quarterly Deals Award

Bergin and Russell of Pearce Real Estate win CoStar’s Q4 Power Broker Quarterly Deals Award

March 24, 2023
North Haven, CT CoStar Group, Inc. named the CoStar Power Broker Quarterly Deals winners for the fourth quarter of 2022. John Bergin and Carl Russell, CCIM, SIOR, GRI of Pearce Real Estate came out on top in the list of winners in Westchester/Southern Connecticut. The CoStar Power Brokers Quarterly
Conn. Chapter of ASLA names 2023 Landscape Architecture awards

Conn. Chapter of ASLA names 2023 Landscape Architecture awards

March 24, 2023
New Haven, CT The Connecticut Chapter of the American Society of Landscape Architects (ASLA Connecticut) has named the winners of its annual awards competition, recognizing excellence in landscape architectural design, planning and analysis, communication, and research. To be eligible, applicants
Hoffmann Architects + Engineers establishes Diversity Advancement Scholarship Fund

Hoffmann Architects + Engineers establishes Diversity Advancement Scholarship Fund

March 24, 2023
New Haven CT Hoffmann Architects + Engineers, a design firm specializing in the rehabilitation of building exteriors, contributed $25,000 to fund the Hoffmann Diversity Advancement Scholarship, administered through the Conn. Architecture Foundation. The fund provides scholarships
National Development breaks ground on East Hartford Logistics Center

National Development breaks ground on East Hartford Logistics Center

March 24, 2023
East Hartford, CT National Development managing partners Ed Marsteiner and Andrew Gallinaro joined federal, state and local elected officials and other invited guests for a groundbreaking ceremony on the site of the East Hartford Logistics Center at Rentschler Field.
Eastern Union secures $28 million financing toward acquisition of 437-unit multifamily portfolio

Eastern Union secures $28 million financing toward acquisition of 437-unit multifamily portfolio

March 24, 2023
Bridgeport, CT Eastern Union has arranged $28.086 million in financing toward the acquisition of a 437-unit, multifamily portfolio encompassing 13 individual properties in the city. The mortgage was secured by senior managing director Motti Blau, senior loan
Boyle of Chozick Realty closes 99,936 s/f Valley Farms Shopping Center sale for $27.75 million

Boyle of Chozick Realty closes 99,936 s/f Valley Farms Shopping Center sale for $27.75 million

March 24, 2023
Ellington, CT Tom Boyle of Chozick Realty Inc. has facilitated the sale of Valley Farms Shopping Center. This 99,936 s/f center is anchored by Big Y World Class Supermarket, occupying 61,000 s/f.Constructed in 2007, the 30-acre site is located at 135 West Rd.
Shawmut Design and Construction Celebrates Women in Construction Week

Shawmut Design and Construction Celebrates Women in Construction Week

March 17, 2023
Shawmut Design and Construction, a leading $1.3 billion national construction management firm, participated in Women in Construction (WIC) Week, joining the annual celebration that promotes the role of women in the construction industry and highlights the critical need
West Shore acquires eighth luxury apartment community in SC

West Shore acquires eighth luxury apartment community in SC

March 14, 2023
Summerville, SC West Shore, a multifamily real estate investment firm, announces its acquisition of Solis Nexton, a new luxury apartment community located in the award-winning Nexton master-planned community. This marks the Boston-based company’s eighth acquisition in the state
Mass. suburban office will transition during this decade - by Harrison Klein

Mass. suburban office will transition during this decade - by Harrison Klein

March 17, 2023
Kastle Systems tracks key card swipes at office buildings and claims that occupancy is leveling off at 43%. With a statistic like that, it’s understandable to jump to the conclusion that the office building sector is doomed. Fortunately, this statistic is grossly misleading, pre-COVID, occupancy never exceeded 80%. Sick days, business travel and remote work take people out of the office.
Irish named senior VP, community relations at Beacon Communities

Irish named senior VP, community relations at Beacon Communities

March 17, 2023
Boston, MA Beacon Communities, has appointed Toya Irish as senior vice president, community relations. Irish will report to Dara Kovel, Beacon’s chief executive officer, and will assume new responsibilities that take advantage of her experience working with elected officials,
The Village Bank to award $50,000 in college scholarships - deadline is April 3

The Village Bank to award $50,000 in college scholarships - deadline is April 3

March 17, 2023
Newton, MA Joseph De Vito, president and CEO of The Village Bank said that the Auburndale Community Charitable Foundation is accepting college scholarship applications from local high school seniors.
Associated General Contractors of MA announce BWiC Inspire Awards

Associated General Contractors of MA announce BWiC Inspire Awards

March 17, 2023
Boston, MA The Associated General Contractors of Massachusetts (AGC MA) named the winners of the 2023 BWiC (Building Women in Construction) Inspire Awards, designed to recognize and celebrate women in construction
Senie of KW Comm’l. to host FCCBN  event on March 31st

Senie of KW Comm’l. to host FCCBN event on March 31st

March 17, 2023
Stamford, CT Fairfield County’s leading commercial brokers, owners, investors, and developers will gather with the city officials to discuss the future of real estate to drive growth and prosperity.