Connecticut

Lyman Real Estate sells 19.16-acre site to Lake Hayward Props. for new 195-unit apartment complex

Colchester, CT A 19.16-acre parcel on Lake Hayward Rd. will be the site of Lake Hayward of Colchester Apartments, according to Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development. Lyman represented seller Roaring Brook Advisors, LLC. The buyer, Lake Hayward Properties

Eversource’s Small Business Energy Advantage program continues to grow; surpases $100 million in loans since 2018

Hartford, CT The Connecticut Green Bank and Amalgamated Bank recently celebrated the cumulative purchase of $100 million in loans through Eversource’s Small Business Energy Advantage (SBEA) program, which enables small businesses in Connecticut to reduce their energy costs through

Continental Properties begins construction of Fairfield County luxury multi-family community

Shelton, CT Continental Properties, one of Connecticut’s most successful developers of luxury multi-family communities, began construction of its newest community, located in Fairfield County at 453 River Rd

Pearce Real Estate leases 20,280 s/f warehouse building to Pikalo Foods

New Haven, CT Barbara Pearce, chair and CEO of Pearce Real Estate, with the help of senior commercial broker, Carl Russell, and senior commercial associate, Chris Nolan, has potentially made the pizza capital also become the empanada capital of the nation.

Choyce Peterson negotiates two
HQ relocation leases - 8,611 s/f

Norwalk, CT Choyce Peterson, Inc. has concluded lease negotiations on behalf of Reed’s Inc., a publicly-traded craft beverage manufacturing company, for their 5,154 s/f headquarters office at 501 Merritt 7. Choyce Peterson principal John Hannigan and vice president Charlene O’Connell represented Reed’s in this transaction.

Press|Cuozzo facilitates sale of industrial building for $800,000

Hamden, CT Stephen Press, SIOR, of Press|Cuozzo has completed the sale of 5 Hamden Park Drive, consisting of a 11,350 s/f industrial building set on 1.15 acres in the Hamden Business Park.

New England Retail Properties closes $5.25m sale
of former CVS to Market Hospitality Group

West Hartford, CT According to principal Matt Halprin, New England Retail Properties, Inc. has closed the sale of the former CVS Pharmacy located at 978 Farmington Ave. The property was marketed on behalf of the owner, Center Equities LLC, after the CVS location ceased operations over a year ago following 35 years of service to the community.

Vidal/Wettenstein brokers 10,124 s/f lease renewal with Family Care

Stratford, CT Family Care Visiting Nurses (Family Care) has renewed their lease at 999 Oronoque Ln. The 10,124 s/f is on the main level and upper level of the 42,000 s/f office building.  Family Care specializes in home-based health care services to clients in the Fairfield and New Haven County area. The company has remained committed to exceeding

Intricate Bay Partners signs long-term lease with Simone Development Companies and Fareri Associates

Greenwich, CT Simone Development Companies and Fareri Associates has arranged a long-term lease totaling 2,021 s/f of executive and administrative office space at One Sound Shore Dr. for Intricate Bay Partners. 

Arakelian of Lila Delman Compass brokers $1.7m sale of Palmer’s Cove Marina

Groton, CT Lila Delman Compass has completed the sale of Palmer’s Cove Marina at 1023 Groton Long Point for $1.7 million. Gregory Arakelian, commercial director, represented the seller and facilitated for the buyer in this transaction.