Russell and Nolan of Pearce Real Estate honored at New Haven Middlesex Association of Realtors CID dinner

New Haven, CT Two commercial agents of Pearce Real Estate received awards at the 2023 CID Deal of the Year Awards Dinner, held at Amarante’s Sea Cliff on March 7. The annual New Haven Middlesex Association of Realtors Commercial Investment Division (CID) dinner

Angel Commercial, LLC brokers industrial
warehouse sale for $1.6 million

Bridgeport, CT Angel Commercial, LLC, a leading commercial real estate brokerage, has completed the sale of an industrial warehouse at 1859 Commerce Dr., for $1.6 million. The property was sold by Theodore and Eleanor Bresky and acquired by Yury Berson.

Reyes and Voves of Union Savings Bank
select six new corporators

Danbury, CT Union Savings Bank president and CEO Chelen Reyes and chair of the board Lucie Voves have elected six new corporators at Union Savings Bank’s recent annual meeting. The six new corporators are Wendy Bernard, Steven Boa Demoura, Fil Cerminara, Perry Salvagne, Stephen Santa and Bart Stanco.

Choyce Peterson completes $6.59 million
sale of Kings-Post Associates office building

Westport, CT Choyce Peterson, Inc., a commercial real estate brokerage firm, has completed the sale of the 32,000 s/f building located at 315 Post Rd. West on behalf of the owners, Kings-Post Associates, a partnership owned by the Deluca Family. The buyer is Post West Park LLC, an affiliate of American Bailey Corp.,

Wakim of Simon Konover Company to retire role as president and COO to next generation

West Harford, CT Jim Wakim, Esq., president, chief operating officer and general counsel of The Simon Konover Company, will be retiring later this spring. Wakim joined The Simon Konover Company in May of 2008 and has been responsible for the strategic growth of the company’s investment and management portfolio

Horvath and Tremblay arranges sale of two retail properties - $3.2m

East Hartford, CT Horvath & Tremblay has completed the sale of two retail properties in New England for a total of $3.2 million. Matt Nadler of Horvath & Tremblay has completed the sale of 36 Main St. in East Hartford, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction

Condyne Capital begins expansion of 185,600 s/f logistics center

Windsor, CT Condyne Capital Partners, LLC is expanding Baker Hollow Logistics Center at 205 Baker Hollow Rd. This parcel, which is set to become a 185,600 s/f modern high-bay industrial building, will be constructed using tilt-up concrete walls with architectural façade and glass store front entryways.

Duran receives 2024 Hoffman Diversity Advancement Scholarship

New Haven, CT Hoffmann Architects + Engineers, a design firm specializing in the rehabilitation of building exteriors, has named the 2024 recipient of the Hoffmann Diversity Advancement Scholarship. Now in its second year, the Hoffmann Scholarship was established in collaboration with the Connecticut Architecture Foundation

Press|Cuozzo facilitates 2,300 s/f property sale to Higher Collective

Hamden, CT In an off-market transaction, Stephen Press, SIOR, of Press|Cuozzo sold 3825 Whitney Ave. a 2,300 s/f free-standing building set on .78 acres to Higher Collective, a regional cannabis retailer with open locations in Hartford, Killingly, New London and Willington. Soon to open are Torrington, Bridgeport, and Hamden

Worth Avenue Capital loans $300,000 for historic home renovation

Deep River, CT Worth Avenue Capital, LLC (WAC) has closed a $300,000 construction loan for a Connecticut-based builder in which the loan proceeds will be used towards the complete renovation of a historic home that was originally built in the 1700’s. The loan is secured by a first mortgage on the property with an underlying LTV of approximately 46%.