Connecticut

WinnDevelopment breaks ground
on $85m affordable housing project

New Britain, CT City officials joined WinnDevelopment executives to break ground on an $85 million project to transform an historic manufacturing complex near the city’s downtown into a 154-unit apartment community for affordable housing and workforce households.  The adaptive reuse project will convert the four remaining buildings in the 115-year-old Landers, Frary &

Verada leases retail space to Bouldering Gym

New Haven, CT Verada, a Brooklyn based boutique real estate firm specializing in commercial retail space leasing and sales, announced Retail at Square 10, a new development. The Square 10 project offers a total of 12,500 s/f of commercial retail space, divided into three&

Vidal/Wettenstein negotiates 5,745 s/f warehouse lease to Hornblower Marine

Stratford, CT A portion of the industrial building at 190 Charles St. has been leased to Hornblower Marine. The 5,745 s/f section will be used for parts warehouse and repair of boat engines. The building is home to the Edwin Gaynor Company which occupies the front

Eliopoulos and Doyle of Colonial Properties broker four leases totaling 9,500 s/f

New Haven, CT Michael Richetelli, president/designated broker of Colonial Properties, Inc., said that the firm has completed four leases. Kosta Eliopoulos, Realtor, represented the landlord, B&L Ramsdell, LLC, in the leasing of 2,200 s/f of industrial space at 149 Ramsdell

Press|Cuozzo Commercial sells 9,116 s/f
mixed-use for $1.65 million

New Haven, CT Stephen Press, SIOR, co-principal of Press|Cuozzo Commercial Services negotiated the sale of 987 State St., a 9,116 s/f, East Rock, mixed-use building with a combination of office and retail on the ground level, and five residential units on the upper floors. Press

Jewett to build 31,000 s/f Porsche
dealership for Hoffman Auto Group

East Hartford, CT Jewett Construction partnered with Hoffman Auto Group, to construct their Porsche dealership. This 31,000 s/f facility will be one of four locations in the U.S. featuring Porsche’s brand-new Generation 5 design once complete.

Grathwohl of David Adam Realty sells 6,417 s/f for $2.45 million

New Canaan, CT Sean Grathwohl of David Adam Realty, Inc. sold “The Bank Building” a 6,417 s/f mixed-use former bank building at 87 Main St. for $2.45 million. The building, formerly occupied by a Thai restaurant for 15+ years, is located next to the town hall

The Construction Institute honors Hoffmann Architects + Engineers

Hartford, CT Hoffmann Architects + Engineers has been awarded the Construction Institute’s Special Industry Recognition Award for outstanding contributions to the industry and community, specifically honoring the firm’s work advancing diversity, equity,

Connecticut Green Bank updates Smart-E loan program

Hartford, CT The Connecticut Green Bank has made updates to its Smart-E loan program designed to help more homeowners take advantage of low-interest financing to access energy-saving technologies. The loan’s maximum amount will increase from a $40,000 limit to a $50,000 standard maximum,

Paulson and Wilson of Marcus & Millichap
arrange $8.25 million sale of 56,564 s/f office

Guilford, CT Marcus & Millichap brokered the sale of Innovation Park, a 56,564 s/f office property. According to Benjamin Yelm, regional manager of the firm’s Charleston office, the asset sold for $8.25 million.