Category: Connecticut
Baldwin Pearson & Co. facilitates sale
of three mixed-use multifamily properties
February 21, 2025
West Haven, CT Daniel Shawah of Baldwin Pearson & Co., Inc. has facilitated the sale of three multifamily and mixed-use properties during December 2024 and January 2025. The properties involved in these transactions included 173 Elm St., a brick building with 12 apartments;
Horvath & Tremblay completes $5.176
million sale of newly constructed Chick-fil-A
February 21, 2025
West Haven, CT Matt Nadler, Bob Horvath, Todd Tremblay and Jason Woods of Horvath & Tremblay have completed the sale of a Chick-fil-A. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5,176,470 which represents a 4.25% cap rate.
Stevens of Press|Cuozzo appointed to New Haven Middlesex Assn. of Realtors board of directors
February 21, 2025
Hamden, CT According to Stephen Press and John Cuozzo of Press|Cuozzo Realtors, Renee Stevens has been appointed to the board of directors for the New Haven Middlesex Association of Realtors for a two-year term. Stevens is a commercial real estate specialist with Press|Cuozzo Realtors and she has 30 years of experience in management,
Marcus & Millichap sells 105,499 s/f grocery-anchored shopping center
February 21, 2025
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
February 21, 2025
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
February 21, 2025
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 10th. 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
February 21, 2025
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
February 21, 2025
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
February 21, 2025
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 31st Annual HOBI Awards
Institutional Property Advisors closes multifamily asset sale
February 21, 2025
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
February 21, 2025
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
February 21, 2025
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
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