Avon, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of 164-unit Avon Place Apartments, part of 188-unit Avon Place Condominiums. The apartments sold for $24 million.
Waterbury, CT Bob Bowden of the R. Calabrese Agency has completed the sale of a property located at 137 Mattatuck Heights, formerly occupied by Wanho Manufacturing. The 45,000 s/f masonry and steel building on 6.8 acres was constructed in 1980 and expanded in 1990.
Madison, CT The Geenty Group, Realtors, completed three leases totaling 31,868 s/f. The leases include the following: Kristin Geenty, SIOR, president of The Geenty Group, completed the lease of 1,100 s/f of office space at 38 Academy St.
Bridgeport, CT The Lipnick Plumbing Supply property and the adjacent 8-unit apartment property located at 2016-2022 Main St. has been sold to an investment group which also owns and manages over 200 apartments in the area. The plumbing supply company had been at the location since 1943
New Haven, CT Worth Avenue Capital, LLC (WAC) closed a $265,000 commercial real estate loan to a Connecticut based real estate investor. The...
Hartford, CT Adam Stark is proud to give 750 Main St. his moniker one year after purchasing The Stark Building. “Transforming this classic into a modern premium office building right in the center of Hartford’s renaissance has been truly exciting,” he said.
North Haven, CT Pearce Real Estate is partnering with Best Cleaners, Channel 3 Eyewitness News and the Salvation Army as a collection location for “Coats for Connecticut.” The Pearce offices at 18 Church St. in Guilford and 16 West Main St. in Clinton, 4 North Main St. in Wallingford and 393 State St. in North Haven are drop off locations for gently-used coats.
Norwalk, CT Marcus & Millichap Capital Corporation (MMCC) has secured $3.515 million in financing for the acquisition of 83 East Ave., a three-story, 39,000 s/f office building. Robert Noeldechen, director in MMCC’s New Haven office, handled the deal and secured a 4.985% fixed rate non-recourse loan, with 1-yr I.O., 10-year term/30-year amortization.
Morris, CT Washington Trust’s Commercial Real Estate Group has provided $1.1 million in financing to MCG Morris, LLC, for the construction of a Dollar General Store. Located at 16 West St., the new retail property includes 7,544 s/f of space on a 1.33 acre parcel.
Fairfield, CT According to Jon Angel, president of Angel Commercial, LLC, The Doyle Insurance Group, LLC, has purchased an office building located at 45 Sherman St., for $1.375 million. They are currently leasing space in Southport, and will be moving to 45 Sherman St. soon.
