Pearce Real Estate leases 20,280 s/f warehouse building to Pikalo Foods

New Haven, CT Barbara Pearce, chair and CEO of Pearce Real Estate, with the help of senior commercial broker, Carl Russell, and senior commercial associate, Chris Nolan, has potentially made the pizza capital also become the empanada capital of the nation.

Choyce Peterson negotiates two
HQ relocation leases - 8,611 s/f

Norwalk, CT Choyce Peterson, Inc. has concluded lease negotiations on behalf of Reed’s Inc., a publicly-traded craft beverage manufacturing company, for their 5,154 s/f headquarters office at 501 Merritt 7. Choyce Peterson principal John Hannigan and vice president Charlene O’Connell represented Reed’s in this transaction.

Press|Cuozzo facilitates sale of industrial building for $800,000

Hamden, CT Stephen Press, SIOR, of Press|Cuozzo has completed the sale of 5 Hamden Park Drive, consisting of a 11,350 s/f industrial building set on 1.15 acres in the Hamden Business Park.

New England Retail Properties closes $5.25m sale
of former CVS to Market Hospitality Group

West Hartford, CT According to principal Matt Halprin, New England Retail Properties, Inc. has closed the sale of the former CVS Pharmacy located at 978 Farmington Ave. The property was marketed on behalf of the owner, Center Equities LLC, after the CVS location ceased operations over a year ago following 35 years of service to the community.

Vidal/Wettenstein brokers 10,124 s/f lease renewal with Family Care

Stratford, CT Family Care Visiting Nurses (Family Care) has renewed their lease at 999 Oronoque Ln. The 10,124 s/f is on the main level and upper level of the 42,000 s/f office building.  Family Care specializes in home-based health care services to clients in the Fairfield and New Haven County area. The company has remained committed to exceeding

Intricate Bay Partners signs long-term lease with Simone Development Companies and Fareri Associates

Greenwich, CT Simone Development Companies and Fareri Associates has arranged a long-term lease totaling 2,021 s/f of executive and administrative office space at One Sound Shore Dr. for Intricate Bay Partners. 

Arakelian of Lila Delman Compass brokers $1.7m sale of Palmer’s Cove Marina

Groton, CT Lila Delman Compass has completed the sale of Palmer’s Cove Marina at 1023 Groton Long Point for $1.7 million. Gregory Arakelian, commercial director, represented the seller and facilitated for the buyer in this transaction.

Pearce Real Estate unveils top producers for Q3 2024

North Haven, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate,  the company has selected the top producers for the third quarter of 2024. “We are celebrating each agent for achieving success in a market that has been anything but easy, said Pearce. “Their dedication and professionalism is a remarkable example of what it means to be a top-tier agent.

Arsen’s Gym signs 9,000 s/f facility lease with Simone Development

Stamford, CT Simone Development Companies has arranged for Arsen’s Gym to sign a new, long-term lease for a 9,000 s/f fitness facility at 316 Courtland Ave. The new gym is Arsen’s sixth location and will feature a range of equipment, including cardio machines, boxing bags, free weights, and cable machines.

Shea of Stormfield Capital earns CCIM designation

Southport, CT The CCIM Connecticut Chapter is pleased to announce that Kyle Shea, vice president of Stormfield Capital, was awarded the Certified Commercial Investment Member (CCIM) designation by The CCIM Institute, the leading commercial real estate association in the world. The designation was awarded in September at The CCIM Institute’s Governance Meetings in Houston, TX.