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 10^th. 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 31^st Annual HOBI Awards

Institutional Property Advisors closes multifamily asset sale

Wilton, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, have sold Avalon Wilton on River Rd., a 102-unit multifamily asset. “Avalon Wilton is an outstanding, 100% market-rate suburban asset within walking distance of Wilton Town Center and the Metro-North Railroad station,

Press|Cuozzo Commercial finalizes $750,000 office building sale

Madison, CT Press|Cuozzo Commercial Services agent Renee Stevens has finalized the sale of 86 Bradley Rd. The 2,852 s/f office building, set on .23 acres, was well maintained, with off-street parking and located across from the Shoreline East train station.

Connecticut CCIM Chapter hosts successful 2025 ‘What’s Next in CRE’ market forecast webinar

Hartford, CT The Connecticut CCIM Chapter recently hosted its annual What’s Next in CRE market forecast webinar on January 23, 2025, featuring an insightful presentation by Mike Goman of Goman + York. The event provided a comprehensive outlook on the key trends and challenges shaping the commercial real estate landscape for 2025

Berkowitz of O,R&L Commercial sells office building for $662,000

West Hartford, CT Mark Berkowitz of O,R&L Commercial, LLC brokered the sale of 8 Lowell Rd. for $662,000. The 3,552 s/f office building is three stories on 0.32 acres. Berkowitz, from O,R&L represented the seller, Lowell Road Associates, LLC and the buyer, SSW Real Estate LLC d/b/a Stepping Stone