Connecticut

Connecticut CCIM Chapter Deal of the Month - December, 2024

New Britain, CT The CT CCIM Chapter has named the Deal of the Month. Eric Amodio, CCIM, of Amodio and Company brokered both sides of the sale of a 56-unit, 6-building multi-family complex located at 15-45 Elam St., for $4.8 million. The transaction closed on November 4, 2024 for $4.8 million.

Davis and McFadden join team of principals at QA+M Architecture

Farmington, CT Quisenberry Arcari Malik, LLC (QA+M Architecture) has added two new principals to share in the leadership of the firm. Jason Davis, AIA, LEED AP BD+C and Julia McFadden, AIA, ALEP, WELL AP will be joining principals David Quisenberry, AIA, Tom Arcari,

Wilks of O,R&L brokers $770,000
sale of 5,938 s/f flex/warehouse

Cromwell, CT Thomas Wilks of O,R&L Commercial, LLC brokered the sale of 900 Corporate Row, for $770,000.  The two-story, multi-tenant 5,938 s/f industrial/flex building is on 0.53 acres. The 20-ft. clear height block construction building contains three separate units with four

Charter Realty leases 34,000 s/f to Price Rite at Waterbury Shopping Center

Waterbury, CT Price Rite Marketplace will open a new location at Waterbury Shopping Center. The deal marks Price Rite’s first new lease signing in over five years. William Cafero of Charter Realty brokered the deal on behalf of the landlord, Tartaglia Commercial

Atlantic Property Management to manage The Sigmund Cos.’ 172,000 s/f retail property

Groton, CT The Sigmund Companies has selected Atlantic Property Management to manage a 172,000 s/f retail property on Poquonnock Rd. Known for its expertise in commercial property management across the Northeast, Atlantic will bring its full suite of management services to this assignment, positioning

Ashforth and Barnum join RM Friedland

Greenwich, CT RM Friedland has added Thomas Ashforth and Nathaniel Barnum, bringing expertise and leadership to the firm’s expansion into the Southern Connecticut commercial real estate market. This hiring marks RM Friedland’s expansion into Fairfield County by hiring

Continental Properties begins construction of 152-unit multi-family

Shelton, CT Continental Properties began construction of its newest community, located in Fairfield County at 453 River Rd. Located on 9.4 acres between Coram Rd. and River Rd., Continental’s new community will consist of four 4-story buildings, each with elevators, a lobby and a mix

Simone and Fareri celebrate Numisma Bank ribbon cutting for 4,100 s/f at One Sound Shore Dr.

Greenwich, CT Simone Development Companies and Fareri Associates joined with Numisma Bank, elected officials, and business leaders to celebrate the ribbon cutting ceremony at Numisma Bank’s global headquarters at One Sound Shore Dr. Numisma Bank signed a lease for 4,100 s/f in 2023. Simone Development Companies

Russell of Pearce Real Estate honored by National Association of Realtors

North Haven, CT Pearce Real Estate senior commercial broker Carl Russell has received national recognition from the National Association of Realtors (NAR). For the second time in his distinguished career, Russell is a recipient of the NAR National Commercial Award.

Vidal/Wettenstein sells 3,100 s/f
to Darien Upholstery for $600,000

Norwalk, CT 10 Broad St., previously home of Wilton Floor Covering, has been sold for $600,000, equating to $193 per s/f. The new owner, Gus Papadopoulos of Darien Upholstery, plans to use the 3,100 s/f retail store for warehousing and storage of high-end fabrics for the design