Connecticut

Hird and Marshall of O,R&L Commercial sell 18,030 s/f retail/office property for $2.795 million

Madison, CT O,R&L Commercial, LLC sold The Marketplace, an 18,030 s/f retail/office investment property located at 1347 Boston Post Rd. The property is a mixed-use two-story retail/office building with a history of long-term tenancy.

CBRE procures $53.5 million loan for two multifamily properties - Financing provided by Thorofare Capital

Norwalk, CT According to CBRE, its Debt & Structured Finance (DSF) team procured a $53.5 million loan for two class A multifamily properties. The properties, located at 500 West Ave. and 30 Orchard St. are owned by a joint venture between affiliates of Alex Brown Realty

Hart Realty Advisers purchases two office buildings for $30.3 million - brokered by CBRE’s McCormick, Mulready and Kocsondy

Glastonbury, CT Hart Realty Advisers has purchased two class A office buildings in the Glastonbury/Somerset Sq. submarket of Hartford, for $30.3 million. Together the pair of buildings, 180 Glastonbury Blvd. and 200 Glastonbury Blvd., comprise 184,871 s/f.

Avison Young brokers sale of 621,830 s/f One Financial Plaza building for $70.5m

Hartford, CT Avison Young has negotiated the sale of a 621,830 s/f class A office building at One Financial Plaza. Andrew Filler, a principal in Avison Young’s local office, Michael Smith, managing director

Geenty Group and Coldwell Banker complete $1.06m sale of the Hawley Lincoln Funeral Home

Guilford, CT Kristin Geenty, president of The Geenty Group, Realtors, has completed the sale of the Hawley Lincoln Funeral Home building. This building is located at the corner of Whitney Ave. and Willow St.

Worth Avenue Capital closes $1 million CRE loan

North Haven, CT Worth Avenue Capital, LLC (WAC) has closed a $1 million CRE loan to a real estate development group. The loan proceeds were used to purchase a CRE asset in a prime location in the city.

Project of the Month: Claris Construction completes a 12,000 s/f development off Exit 10 of I-84 in Newtown, CT

Newtown, CT A four-acre lot off I-84 sat vacant for almost a half a century. This overgrown, unsightly lot became an unwelcome sight for people arriving in town. But it did provide an excellent development opportunity

Antinozzi Associates hires Guzman and Rosenthal

Bridgeport, CT Antinozzi Associates has welcomed two new additions to the team, Rosa Guzman and Ryan Rosenthal. Guzman previously worked for MKDA in Stamford where she honed her skills in building 3D models and developing photo-realistic renderings

Lyman of Lyman Real Estate handles $400,000 sale and 4,900 s/f lease

Norwich, CT Ron Lyman, CCIM, CEO of Lyman Real Estate, completed the sale of the building most recently known as The Majestic Rose Dinner Theater at 352 Main St. It was purchased by Ganesh Hospitality, LLC, a New Haven hotel developer, for $400,000

IPA sells three apartment buildings near Yale University for $25.15m

New Haven, CT Institutional Property Advisors (IPA) completed the sale of Cambridge Oxford Apartments, a three-building, 84-unit multifamily property. The buyer is an affiliate of Paredim Partners LLC.