JLL receives $12m in acquisition financing for 190,646 s/f facility

Manchester, CT JLL Capital Markets has secured the $12 million sale and acquisition financing for 100 Sanrico Dr., a 190,646 s/f distribution facility. JLL represented the seller, SkyREM, in the sale to B&D Holdings. Sentry Commercial and Silver Edge Real Estate represented the buyer. Working on behalf of the new owner,

Colonial Properties brokers three transactions totaling 6,380 s/f

Orange, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions:  Richetelli represented the landlord, NECY Investments, LLC, in the leasing of a 940 s/f office unit located at 370 Boston Post Rd. to Tilcon Connecticut, Inc. for a oneyear lease term.

Essex Savings Bank to update name for 175th anniversary

Essex, CT In response to customers’ voices throughout the community, Essex Savings Bank is beginning a new chapter in its legacy. Effective October 1, 2025, the institution will be known as Essex Bank – a shortening of the name to better reflect its expanding services and forward-looking approach. 

Experts from Moody’s & Hinckley Allen headline MidYear Symposium: AI’s Impact on Commercial Real Estate Analytics

Cromwell, CT The Connecticut CCIM Chapter is presenting its MidYear Symposium, “AI Impact on Commercial Real Estate Analytics”, taking place on June 5, 2025, from 8:00 AM to 10:30 AM at TPC River Highlands.

Lancewood Capital provides $40m credit facility to lender

Greenwich, CT Lancewood Capital, a Conn.-based family office focused on real estate credit opportunities, provided a $40 million senior credit facility to a Los Angeles, California-based commercial real estate lender. “The Lancewood team is excited about this relationship as it allows the firm to deploy capital in California

The Geenty Group brings 54.45-acres to the market in Vernon and Ellington, CT

Vernon, CT The Geenty Group, Realtors has introduce a 54.45-acre parcel of land to the market. This property spans both Vernon and Ellington, offering diverse zoning and development opportunities.

Landmark Properties partners with Peninsula Investments to build UConn’s 738-bed The Mark Mansfield

Storrs, CT Landmark Properties has closed on the acquisition of a 1.56-acre site at 134 North Eagleville Rd., adjacent to the University of Connecticut’s (UConn) main campus. The firm will begin construction on The Mark Mansfield, a 738-bed student housing community, in late 2025.

KBE Building breaks ground on Seabury’s
expansion - 43,000 s/f The Collamore Wing

Bloomfield, CT Seabury – an active life community – marked a major milestone with a groundbreaking ceremony celebrating the launch of construction for The Collamore Wing, an expansion on its local campus.

BL Companies named 2025 Company of the Year by ESOP Association's New England Chapter

Meriden, CT BL Companies has been honored as the 2025 Company of the Year by the ESOP Association’s New England Chapter. This award recognizes BL Cos.’ dedication to fostering an employee-ownership culture that

Chozick Realty sells 38 unit 415 Prospect Ave. Apartments - $6.315m

West Hartford, CT Chozick Realty Inc. completed the marketing and sale of 415 Prospect Ave., a multifamily investment property. Rick Chozick of Chozick Realty, exclusively represented the seller and procured the buyer during a highly competitive 30-day marketing campaign.