Connecticut
Cawley of National Multifamily arranges six-unit apartment sale totaling $2.077 million
Greenwich, CT National Multifamily brokered the sale of a six-unit apartment building and a contiguous developable parcel located at 113 S. Water St. to a Connecticut based investor for $2,076,500 ($344,167 per unit). The deal closed on May 19th. Company president Matt Cawley represented the seller and procured the buyer in the transaction.
AMS Acquisitions and Avenue Realty secure $71m financing through Arrow Real Estate
Wilton, CT AMS Acquisitions and Avenue Realty Capital have completed the joint-venture acquisition of 131 Danbury Rd. with plans to develop a 208-unit multifamily apartment complex. The project was financed with a $71 million construction loan from Madison Realty Capital, which was arranged by Arrow Real Estate Advisors. “131 Danbury Rd.
Choyce Peterson arranges 32,432 s/f in leases for L’Amy America’s headquarters and warehouse
Shelton, CT Choyce Peterson, Inc., a full-service commercial real estate firm, has completed lease negotiations on behalf of L’Amy America (L’Amy) for a total of 32,432 s/f. John Hannigan, principal of Choyce Peterson, represented L’Amy for their new 5,016 s/f headquarters lease at 2 Corporate Dr. and renewal of their 27,416 s/f warehouse lease at 65 Trap Falls Rd.
Highcap Group brokers $41.1 million sale of two building multifamily portfolio - sold by the Rabadi Family to the Fraioli Family
Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million. The portfolio was sold by the Rabadi Family to the Fraioli Family in a transaction brokered by Alex Frants, senior directorPearce Real Estate welcomes Odyniec to the Edgehill team of Realtors
New Haven, CT According to Nanette Pastore, president of Pearce Real Estate, the company is welcoming it’s newest Pearce pro, Mark Odyniec, to the Edgehill Team, a top producing team at Pearce for 15 years. Odyniec brings a wealth of experience and a strong local connectionAnthony Properties and Perry Reid Properties break ground on 232-unit apartment building
Newington, CT Anthony Properties (AP) in partnership with Perry Reid Properties (PRP) has commenced the groundbreaking of The Spark on Cedar. The project will consist of 232 class-A apartments at the former National Welding site along Cedar Ave. This project will represent the twelfth property which AP and PRPPirie Associates achieves B Corp Certification
New Haven, CT Pirie Associates is the first architectural firm in Connecticut to achieve B Corp Certification, sixth in New England, and 32nd in the US.
NorthPoint Development with JLL acquires 105 Baker Hollow Rd. for $25.3m
Windsor, CT JLLCapital Markets completed the $25.3 million sale of 105 Baker Hollow Rd., a class A,165,625 s/f warehouse facility. JLL represented the seller, a development joint venture between Condyne Capital Partners and an account managed
Angel Commercial leases 14,000 s/f to Murphy Distributors
East Haven, CT Jon Angel, president of Angel Commercial, LLC, has brokered a lease for the entire 14,000 s/f industrial building at 167 Commerce St. to Murphy Distributors. Murphy Distributors, a Connecticut wholesaler of fine wine, craft beer, and artisan spirits, will occupy the standalone facility as it continues to expand its statewide operations.
Hines of Horvath & Tremblay arranges $2.95m sale of mixed-use building
Middletown, CT Tim Hines of Horvath & Tremblay has arranged the sale of a 14-unit mixed-use property. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.95 million.
