Connecticut
Hird of O,R&L completes two land sales totaling $6 million on Washington Avenue
North Haven, CT Frank Hird of O,R&L Commercial has completed two land sales on Washington Ave. 405 Washington Ave. consists of 3.3 acres and 417-425 Washington Ave. consists of 9.1 acres. The properties are directly adjacent to the new Amazon fulfillment center that was built in 2019 on a 168-acre site and are in close proximity to many national auto dealerships and retail establishments including Big Y supermarket.
Cushman & Wakefield arranges $9 million sale
of 605,502 s/f asset
Windsor, CT Cushman & Wakefield has arranged the sale of 175 Addison, a 605,502 s/f industrial/research and development and office asset. The final sale price was $9 million. Cushman & Wakefield’s Matt Torrance, Joel Grieco, Damon Bowers, Al Mirin, Kate Schwartz, Sean Duffy and Timothy D’Addabbo represented the sellers in the transaction and also procured the buyer
ARCO partners with Winstanley Enterprise to
complete 501,500 s/f cold storage facility
Enfield, CT ARCO National Construction (ARCO) partnered with Winstanley Enterprises to complete a 501,500 s/f cold storage facility for end-users Agri-Mark and Eppendorf. Agri-Mark, a premier dairy farmer cooperative in the Northeast, occupies 260,500 s/f of the facility, with the remaining portion occupied by Eppendorf
Alta Construction Equipment leases 13,592 s/f in two buildings for $2.209 million
Berlin, CT Alta Construction Equipment New England, LLC has leased 13,592 s/f in two buildings on approximately 4.3 acres at 1897 Berlin Tpke. for 10 years from landlord 1897 Berlin Turnpike, LLC for $2,208,900. Alta began in 1984 with a single location in Detroit. Since then, Alta has grown to 62 locations throughout the Midwest, Northeast, and Florida.
Marcus and Millichap brokers sale of two properties totaling 84,698 s/f
New Britain, CT Marcus & Millichap completed the sale of The Bleu, a 63-unit multifamily property in New Britain and 11 Forest St., a 16-unit 15,312 s/f apartment property in Stamford. “New Britain continues to be an excellent alternative to the more affluent surrounding municipalities,” said Eric Pentore, senior vice president investments.
Press/Cuozzo completes two transactions totaling $865,000
Hamden, CT Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, has completed the sale of the following properties: • 2524 & 2536 Dixwell Ave., a 1,900 s/f commercial building set on .64 acres in Hamden, was sold on July 6th at $450,000 with Press representing the ownership/seller, TCE Holdings, LLC. The buyer, 2524 Dixwell, LLC, was represented by Renee Stevens.
NEPCG completes $8.1 million sale of the Brook & Middle Portfolio
Bristol, CT Northeast Private Client Group (NEPCG) has completed the sale of the Brook & Middle Portfolio, multifamily investment properties. Senior vice president Brad Balletto and senior associate Bob Paterno represented the seller and procured the buyer in the transaction.
Premier Commercial Real Estate Symposium convenes top experts and draws nearly 100 attendees
Cromwell, CT A landmark event in the realm of commercial real estate recently concluded, solidifying its status as one of the most prestigious gatherings of its kind. With an impressive turnout of nearly 100 industry professionals, the Connecticut CCIM commercial real estate symposium held on June 1
Pearce R.E. brokers sale for The Tennis Foundation and 12 Village Street
West Haven, CT Pearce Real Estate’s senior commercial associates, Dave Melillo and Chris Nolan brokered the sale of two properties on Derby Ave. The sale of two parcels of land at 371 and 375 Derby Ave. will have a far-reaching impact on the local region, particularly for economically disadvantaged youth.
Verada expands services to Connecticut - starting with Retail at Square 10
New Haven, CT Verada, a Brooklyn based boutique real estate firm, is expanding its services outside New York starting at a future new development, Retail at Square 10. The Square 10 project offers a total of 12,500 s/f of commercial retail space, divided into three distinct areas, with over 9,000 s/f located at the corner of George and Orange St.