Norwalk, CT Angel Commercial, LLC said that The Old Mill at River’s Edge LLC has purchased 1.03 acres of vacant land at 410 Main Ave., for an undisclosed amount. “The commercial land is seconds from the Merritt Pkwy. and minutes to Rte. 7,” said Jon Angel, who was the sole broker in this
Willington, CT Tom Boyle and Steve Pappas of Chozick Realty have facilitated the sale of Deer Park Apartments. The 45-unit garden style, multifamily property located at 87 Ruby Rd., closed at a sales price of $5.5 million, ($122,222 per unit).
New Haven, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap negotiated the sale of a three-property, 234-unit multifamily portfolio in the city and Hamden: The Liberty Building, a 123-unit, asset in downtown New Haven; 65-unit Hamden Centre; and 46-unit Dogwood Hill
New Haven, CT An affiliate of Hudson Meridian Construction Group has obtained construction financing from ACORE Capital and Sculptor Real Estate to fund the development of a six-story, 398-unit multifamily community at 201 Munson St. in the Science Park section of the city. The financing was arranged by Tessera Partners
Westport, CT Saugatuck Commercial Real Estate (SCRE) represented United Realty in the sale of 177 Main St. Formerly the home of The Remarkable Bookstore, the 3,924 s/f retail building was sold to Conn.-based owner/user, Eleish Van Breems Home Westport.
Stratford, CT Glass America expanded into 4,000 s/f at 25 Charles St. Glass America is one of the largest independently-owned automobile glass replacement and repair companies in the country. Randy Vidal of Vidal/Wettenstein represented Glass America in their search and leasing of 25 Charles St. Joseph Ganino of
Bristol, CT Worth Avenue Capital, LLC (WAC) closed a $75,000 commercial loan to a small business. The loan is secured by a first mortgage on real property with an underlying LTV of 30%. The borrower is using the loan proceeds to provide short term working capital for their business.
Last month, the Massachusetts Appeals Court affirmed the Superior Court decision in the case of Tocci Building Corporation vs. IRIV Partners, LLC., upholding the Massachusetts Prompt Pay Act.
It’s sometimes hard to keep up with the pace of change in the construction industry, but we have no choice if we are to continue to succeed. The changes aren’t just about technology; to successfully confront ongoing labor shortages, we must change the way we train.
Boston, MA According to Finegold Alexander Architects, Christopher Lane, AIA, MCCPO, has been named a shareholder in the firm. Lane, who was promoted to principal in 2021,
Boston, MA Margulies Perruzzi (MP) has named Kerrie Julian, RA, LEED AP, CDT as the new director of science strategy. Reporting to Dan Perruzzi, AIA, LEED AP, principal and senior partner, Julian will be responsible
Framingham, MA The International Society of Pharmaceutical Engineering (ISPE) has named CRISPR Therapeutics’ new manufacturing facility as a Facility of the Year Award (FOYA) for Innovation based on the innovative design of the facility
Boston, MA E4H Environments for Health Architecture partner Jennifer Arbuckle, AIA, NCARB, LEED AP has been awarded National Council of Architectural Registration Board’s (NCARB) highest honor, the President’s Medal for Distinguished Service.
Cambridge, MA Dacon Corp. has completed construction on Vedanta Biosciences’ new facility designed by DiMella Shaffer. A clinical-stage biopharmaceutical company developing oral therapies based on defined bacterial consortia, Vedanta’s drug candidates
Sudbury, MA General contractor Colantonio Inc. was awarded the Fairbank Community Center project by the town of Sudbury. The Community Center, located at 40 Fairbank Rd., currently houses the town’s Atkinson Pool, Senior Center, and the Public Schools Administrative Offices.
Darien, CT CBRE has completed the sale of 11 senior housing residential condominium units at 77 Leroy Ave. Pemberton 16, LLC sold the condos for $7.5 million ($681,818 per unit) to 77 Leroy, LLC. The CBRE team of Louis Zuckerman and Patrick Colwell marketed the assets on behalf of the seller and also procured the buyer.
Somerville, MA Acella Construction Corp. has begun a $5.3 million renovation project at Dormition of the Virgin Mary Greek Orthodox Church at 29 Central St. The groundbreaking took place on May 22nd.
Boston, MA On the heels of record-breaking growth and industry recognition, SGA has completed the internal transition of ownership and expansion of the leadership team at SGA.
Middletown, CT The architecture and urban design firm Cooper Robertson has been selected by the city to lead development of a master plan for a key portion of the city’s riverfront. The initiative, which includes project partners Karp Strategies and Langan, aims to reimagine a 200-acre stretch of land along the Connecticut River as an accessible new city district
Ashford, CT For The Hole in the Wall Gang Camp, founded in 1988 by the late actor and philanthropist Paul Newman, the national architecture, art and advisory firm Svigals + Partners has completed the new Young Adult Lodge, providing upgraded housing as well as program and meeting space.