Connecticut
Choyce Peterson inks 9,992 s/f
office lease for O&G Industries
Wallingford, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed lease negotiations on behalf of O&G Industries, a privately-held construction firm, for a new 9,992 s/f office at 900 Northrop Rd.
WinnCompanies acquires 84 units to
launch $18.7m rehab renovation
Hartford, CT WinnCompanies, a national owner, developer, and manager of high-impact apartment communities, has acquired 84 apartments grouped within 10 three-story, residential buildings in Clay Arsenal, the oldest neighborhood in Connecticut.
Hines of Horvath & Tremblay sells
110-unit multifamily for $5.36m
Hartford, CT Tim Hines of Horvath & Tremblay has arranged the sale of a 110-unit multifamily portfolio. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.36 million. The multifamily portfolio is comprised of seven properties
Choyce Peterson, Inc. releases semi-annual Lower Fairfield County Office market survey
Norwalk, CT Choyce Peterson, Inc., a full service commercial real estate brokerage firm with a specialization in tenant representation, has released its 29th semi-annual Lower Fairfield County Office market survey. The survey depicts silhouettes of 97 buildings with a total inventory of 17.9 million s/f and tracks changes
JLL Capital Markets closes $165m construction
financing for phase II of The Corbin District
Darien, CT JLL has closed on $165 million in construction financing for phase II of The Corbin District, a six-acre mixed-use development redefining downtown. JLL Capital Markets represented the sponsor, locally-based Baywater Properties, to secure a $102 million construction loan from Barings and $63 million in C-PACE financing from Counterpointe SRE.
Hinckley Allen welcomes real estate partners Mitchell and D’Aprile
Hartford, CT Hinckley Allen welcomes Thomas Mitchell and Daniel D’Aprile, Jr. as partners in its real estate practice group. Attorneys Mitchell and D’Aprile are key strategic additions that enhance the firm’s commercial real estate financing capabilities. They were previously partners at McElroy Deutsch, and will join the firm in the Hartford office.
Saugatuck Commercial Real Estate brokers 2,368 s/f three-year lease extension for Second Foundation Partners
Westport, CT Saugatuck Commercial Real Estate (SCRE) has arranged for the existing tenant, Second Foundation Partners, to sign a three-year lease extension for 2,368 s/f of office space on the second floor at 1835 Post Rd. East.
RXR arranges three leases at Atlantic Station totaling 40,000 s/f
Stamford, CT Real estate owner and operator RXR inked three new leases totaling 40,000 s/f at Atlantic Station. Located within the base of the luxury multi-tower project, the new retailers will provide dining, entertainment and shopping opportunities for both residents and the broader community.
WAC closes $200,000 commercial loan for fix and flip construction project
Stamford, CT Worth Avenue Capital, LLC (WAC) has closed a $200,000 commercial loan for a boutique construction company. The loan proceeds were used towards the purchase and renovation of a single-family house in which the borrower will be undertaking a fix and flip project on this property.
Vidal/Wettenstein brokers sale of 900 Sherman Ave. to Burt Process Equipment
Hamden, CT Vidal/Wettenstein, LLC has negotiated the sale of 900 Sherman Ave. This property has been part of a family for generations, and Vinny Massaro, who handled the property for his family, is grateful to see this property be redeveloped. This property was purchased by Burt Process Equipment, headquartered at 100 Overlook Dr.