Connecticut

Oak & Avery Group mediates sale of 52,000 s/f retail center

Milford, CT The Oak & Avery Group has completed the sale of 1776 Boston Post Rd., a 52,000 s/f retail center.  The property sold for $3.28 million in an all-cash, off-market transaction.

Neubert, Pepe & Monteith, P.C. relocates Fairfield office

Fairfield, CT The law firm of Neubert, Pepe & Monteith, P.C. has moved its Fairfield offices to 72 Ruane St. Douglas Skalka, managing partner for the firm, said, “We have had great success with our ability to serve clients from our Fairfield location. The town is a great place in which to do business and we enjoy the many amenities that Fairfield has to offer.”

Choyce Peterson sells 4,200 s/f office space to Ricks Main Roofing

Norwalk, CT 8-10 Byington Pl. was once a location for a law practice being situated across the street from the Norwalk Courthouse, but the courthouse never reopened following its COVID-related closure in early 2020. Meanwhile, the Wall St./West Ave. neighborhood has seen significant development, with more in the pipeline.

Cushman & Wakefield completes sale of 189-unit apartment community

Darien, CT Cushman & Wakefield has arranged the sale of Avalon Darien, a 189-unit class A luxury townhome-style apartment community located at 137 Hollow Tree Ridge Rd. Cushman & Wakefield’s Niko Nicolaou, Ryan Dowd, Matthew Torrance, Al Mirin and JP Hohl, in coordination with RePropCo’s Brian Whitmer, represented the seller, AvalonBay Communities, and procured the buyer.

Connecticut/Western Mass. SIOR releases semi-annual chapter market survey

Hartford, CT The Connecticut/ Western Massachusetts chapter of SIOR released the results of its semi-annual membership survey of commercial real estate market conditions. The survey is based on market activity for the period January 2024 through June 2024 within Connecticut and western Massachusetts.

CCIM Connecticut Chapter awards scholarships and plan to host CI 104 in September

Guilford, CT The Connecticut Chapter of CCIM has awarded three scholarships to real estate professionals across the state. Nick Leone of Sentry Commercial was awarded the Stan Gniazdowski/Carl Russell Named Education Scholarship. 

SR Commercial Realty leases first floor of mixed-use building

Torrington, CT Paul Bongiorni of SR Commercial Realty leased the commercial space at Pennrose’s new Torrington Riverfront redevelopment. The first floor unit will be home to Perk and Paws Cat Cafe, where patrons can drink coffee around cats that are available for adoption. It will be one of the first cat cafe concepts in Connecticut, and the first in Litchfield County.

Union Savings Bank Foundation awards $300,000 to 31 local organizations

Danbury, CT The Union Savings Bank (USB) Foundation recently awarded $300,000 in funding to 31 local organizations in Connecticut as part of the 158-year-old community bank’s ongoing effort to give back to those it serves.

Choyce Peterson inks 9,992 s/f
office lease for O&G Industries

Wallingford, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed lease negotiations on behalf of O&G Industries, a privately-held construction firm, for a new 9,992 s/f office at 900 Northrop Rd.

WinnCompanies acquires 84 units to
launch $18.7m rehab renovation

Hartford, CT WinnCompanies, a national owner, developer, and manager of high-impact apartment communities, has acquired 84 apartments grouped within 10 three-story, residential buildings in Clay Arsenal, the oldest neighborhood in Connecticut.