CBRE arranges $48.65 million sale of 164-unit Reserve41 on behalf of the seller, Norpointe LLC

Norwalk, CT Representatives of CBRE, led by Jeff Dunne, Eric Apfel and Stuart MacKenzie, arranged the $48.65 million sale of Reserve41, a 164-unit multifamily community. CBRE represented the seller, Norpointe LLC, a partnership led by real estate investment firm, Belpointe. The team also procured the buyer

Northeast Private Client Group brokers sale of $2.195 million building at 38-40 Glenwood Ave.

Norwalk, CT Northeast Private Client Group (NEPCG)  has completed the sale of 38-40 Glenwood Ave. Senior associates Rich Edwards and Jeff Wright, along with associate Patrick Hegarty, represented the seller and procured the buyer for a 10-unit value-add multifamily investment $2.195 million property.

Leasing begins at new phase of Stamford Urby - will create 176 new apartments

Stamford, CT Leasing kicks off in early 2023 for the new phase of Stamford Urby. In anticipation of the opening, Urby has completed the formation of a priority waitlist to receive advance information and to be among the first to schedule private tours of the new building and amenities. 

Harris, Hensley and Nelson named principals at Pickard Chilton - promoted from associate principals

New Haven, CT Pickard Chilton has promoted three associate principals to the position of principal. Stephen Harris, Michael Hensley, and Adrienne Nelson join Jon Pickard, William Chilton, and Anthony Markese as principals of the 25-year-old studio.

Ballachino joins Union Savings Bank as Vice President, senior CRE lender

Danbury, CT Thomas Ballachino has joined Union Savings Bank as vice president, senior commercial real estate lender.

Enviro Power and Windings are granted ETL Certification for SmartWatt Boiler

Middletown, CT Enviro Power’s SmartWatt boiler, which incorporates a mini power plant that was developed in partnership with Windings Inc., has achieved ETL certification under UL standards.

Svigals + Partners advances architect, Konefal, to associate principal

New Haven, CT Svigals + Partners has promoted Alana Konefal, AIA, to associate principal. An architect with an expertise in uniting people of diverse backgrounds to advance large-scale projects, Konefal leads design teams and consultants on various complex projects in education, science/technology, workplace, and healthcare.

Massirio of O,R&L sells 28,000 s/f multi-tenant building for $2.45 million

Farmington, CT Luke Massirio of O,R&L Commercial, LLC brokered the sale of 15 Executive Dr. for $2,450,000 million. The 1-story, multi-tenant 28,000 s/f retail building is on 3.37 acres.

Balletto of Northeast Private Client Group named on Power 25 Real Estate profiles

Shelton, CT Bradley Balletto, senior VP of Investments at Northeast Private Client Group (NEPCG), has been named in the Power 25 Real Estate for 2022. “Real estate agents and developers in the region are helping to transform Greater New Haven into its future self.

Vidal/Wettenstein arranges sale of 29,422 s/f buildimg for $1.825 million

Bridgeport, CT Vidal/Wettenstein has sold the industrial building at 1313 Connecticut Ave. to an investor.  The 29,422 s/f multi-story building situated on 2.42 acres, sold for $1.825 million or $62.03 per s/f.