Connecticut

PDR Finish Carpentry relocates to 6,553 s/f commercial space

Stratford, CT A portion of the building at 300-320 Avon St. has been leased to PDR Finish Carpentry. PDR Finish Carpentry LLC fabricates custom carpentry, millwork services, and remodeling services. The space leased to PDR is 6,553 s/f.

CBRE brokers 5,576 s/f office lease at 240 Greenwich with Sky Leasing LLC

Greenwich, CT CBRE has completed its first office lease at 240 Greenwich Ave. Sky Leasing LLC, an alternative investment manager with experience in aviation investments, has inked a 5,576 s/f lease and will open its new office on the first floor of the historic office property.  The CBRE team of David Block and Robert Crane was recently appointed as the property’s exclusive leasing agents

CBRE facilitates $20.7 million sale of multifamily development - Putnam Green

Greenwich, CT Representatives of CBRE, led by Jeffrey Dunne, Eric Apfel, and Travis Langer, completed the sale of Putnam Green, a multifamily apartment community totaling 66 units, for $20.7 million. The sale represents the largest multifamily transaction since the 2012 sale of Millbank Commons,

Connecticut Convention Center celebrates 20-year anniversary

Hartford, CT The Connecticut Convention Center marked its 20th anniversary with a commemorative event celebrating two decades of economic impact, community revitalization, and public-private partnership. The event brought together state and local officials, business leaders,

Lynne and Rarey awarded CCIM Designation

Trumbull, CT According to The Connecticut CCIM Chapter, Jennifer Lynne, CCIM, with Coldwell Banker Commercial and Mitchell Rarey, CCIM, with Ascension Health in Bridgeport, were awarded the Certified Commercial Investment Member (CCIM) designation by The CCIM Institute, a commercial real estate association.

Cawley of National Multifamily arranges six-unit apartment sale totaling $2.077 million

Greenwich, CT National Multifamily brokered the sale of a six-unit apartment building and a contiguous developable parcel located at 113 S. Water St. to a Connecticut based investor for $2,076,500 ($344,167 per unit). The deal closed on May 19th. Company president Matt Cawley represented the seller and procured the buyer in the transaction.

AMS Acquisitions and Avenue Realty secure $71m financing through Arrow Real Estate

Wilton, CT AMS Acquisitions and Avenue Realty Capital have completed the joint-venture acquisition of 131 Danbury Rd. with plans to develop a 208-unit multifamily apartment complex. The project was financed with a $71 million construction loan from Madison Realty Capital, which was arranged by Arrow Real Estate Advisors. “131 Danbury Rd.

Choyce Peterson arranges 32,432 s/f in leases for L’Amy America’s headquarters and warehouse

Shelton, CT Choyce Peterson, Inc., a full-service commercial real estate firm, has completed lease negotiations on behalf of L’Amy America (L’Amy) for a total of 32,432 s/f. John Hannigan, principal of Choyce Peterson, represented L’Amy for their new 5,016 s/f headquarters lease at 2 Corporate Dr. and renewal of their 27,416 s/f warehouse lease at 65 Trap Falls Rd.

Highcap Group brokers $41.1 million sale of two building multifamily portfolio - sold by the Rabadi Family to the Fraioli Family

Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million. The portfolio was sold by the Rabadi Family to the Fraioli Family in a transaction brokered by Alex Frants, senior director

Pearce Real Estate welcomes Odyniec to the Edgehill team of Realtors

New Haven, CT According to Nanette Pastore, president of Pearce Real Estate, the company is welcoming it’s newest Pearce pro, Mark Odyniec, to the Edgehill Team, a top producing team at Pearce for 15 years. Odyniec brings a wealth of experience and a strong local connection