Connecticut

Coldwell Banker inks 50,216 s/f
headquarter lease for Timex Group

Shelton, CT Chris O’Hara, senior vice president of Coldwell Banker Commercial Realty, represented Timex Group USA, Inc. in the relocation of their corporate offices from Middlebury and Norwalk. A long-term lease for 50,216 s/f was completed with Windsor Management at 6 Armstrong Park.

Baldwin Pearson & Co. facilitates sale
of three mixed-use multifamily properties

West Haven, CT Daniel Shawah of Baldwin Pearson & Co., Inc. has facilitated the sale of three multifamily and mixed-use properties during December 2024 and January 2025. The properties involved in these transactions included 173 Elm St., a brick building with 12 apartments;

Horvath & Tremblay completes $5.176
million sale of newly constructed Chick-fil-A

West Haven, CT Matt Nadler, Bob Horvath, Todd Tremblay and Jason Woods of Horvath & Tremblay have completed the sale of a Chick-fil-A. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5,176,470 which represents a 4.25% cap rate.

Stevens of Press|Cuozzo appointed to New Haven Middlesex Assn. of Realtors board of directors

Hamden, CT According to Stephen Press and John Cuozzo of Press|Cuozzo Realtors, Renee Stevens has been appointed to the board of directors for the New Haven Middlesex Association of Realtors for a two-year term.  Stevens is a commercial real estate specialist with Press|Cuozzo Realtors and she has 30 years of experience in management,

Marcus & Millichap sells 105,499 s/f grocery-anchored shopping center

Winsted, CT Marcus & Millichap has sold The Shops at Ledgebrook, a 105,499 s/f grocery-anchored shopping center. The property sold for $14.06 million. “In order to achieve the highest price on the income in place, we demonstrated the property’s upside potential to investors,” said Joseph French Jr.,

JPA Designs LLC expands services in real estate construction

New Haven, CT JPA Designs, LLC, a real estate construction industry, begins an expanded range of services. Spearheaded by real estate construction veteran John Adamowski, the company introduces comprehensive solutions for new construction homes and commercial real estate projects.

National Multifamily brokers
seven-building portfolio for $1.55 million

Bridgeport CT National Multifamily brokered the sale of a contiguous seven-building, 16-unit portfolio located on Granfield Ave. and Palisade Ave. to a New York-based investor for $1.55 million. The deal closed on January 10th. Company president Matt Cawley represented the seller and procured the buyer in the off-market transaction.

Saugatuck Commercial Real Estate represents Boot Barn in securing 11,000 s/f third location site

Milford, CT Dan Neaton of Saugatuck Commercial Real Estate (SCRE) represented Boot Barn in leasing their third Connecticut location at 1360 Boston Post Rd. The western-wear store plans extensive renovations to the interior of the former 11,000 s/f Rite Aid Pharmacy. Construction is planned to begin in early March with

Newmark secures two office lease relocations totaling 21,457 s/f

Stamford, CT Newmark has secured a 10,464 s/f office lease at 2187 Atlantic St. With the transaction, Balysany Asset Management — Dmitry Balysany’s hedge fund — will occupy the class A property’s seventh floor. Newmark executive managing director Cory Gubner and managing director Benjamin Goldstein are the exclusive

Michaud Development Group wins two HOBI Awards for Granite Woods

Middlebury, CT Michaud Development Group has been awarded two HOBI Awards by the Home Builders & Remodelers Association (HBRA) of Connecticut for its Granite Woods 55+ community. The new development earned “Best Detached 55+ Community” and “Best Detached 55+ Home” at the 31st Annual HOBI Awards