Connecticut

Northeast Private Client Group arranges sale of 22,984 s/f mixed-use property

Bridgeport, CT Northeast Private Client Group (NPCG) has sold The Fairfield, a 22,984 s/f, four-story mixed-use property located at 2258 Fairfield Ave. Vice president of brokerage Robert Paterno and managing director, Brad Balletto represented the seller

WAC closes $100,000 commercial loan

Hamden, CT Worth Avenue Capital, LLC (WAC) has closed a $100,000 commercial loan for a Connecticut based real estate investor. The loan proceeds will be used for debt restructuring purposes and the loan is secured by a blanket second mortgage on a multi-family income producing investment property

CT CCIM awards Kazantzis CCIM Designation

Brooklyn, CT The CCIM Connecticut Chapter is pleased to announce that Andrea Kazantzis of Kazantzis Real Estate in Brooklyn, Conn., was awarded the Certified Commercial Investment Member (CCIM) Designation by the CCIM Institute,

Richetelli and Bellard of Colonial Properties brokers two sales - $1.83m

Milford, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions: Richetelli represented the seller, The Milford Bank in the sale of 295 Boston Post Rd., a 5,147 s/f freestanding commercial building

Angel Commercial closes $1.575m sale of 20,120 s/f industrial property

Milford, CT Angel Commercial, LLC, a leader in commercial real estate services, has closed on an industrial property located at 435 Woodmont Rd. The property was acquired by Team Woody LLC for a purchase price of $1.575 million, with Jon Angel, president of Angel Commercial, LLC

Brimberg of O,R&L Commercial sells
office building for $900,000

Cheshire, CT O,R&L Commercial facilitated an office building sale located at 219 South Main St. This professional office building consisted of 3,955 s/f and was located in the center of Cheshire at the corner of South Main St. (Rte. 10) and Cornwall Ave. The building situated on 1.2 acres

Groton Board of Education achieves
solar installation at two schools

Groton, CT The Town of Groton Board of Education has completed the installation of solar photovoltaic (PV) systems on two schools, Groton Middle School and Mystic River Magnet. These systems are estimated to save the district more than $40,000 annually in energy costs and more than $800,000

Marcus & Millichap facilitates $16.708m sale
of Newington Commons - 189,864 s/f

Newington, CT Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, have sold Newington Commons, a 189,864 s/f retail center for $16,707,617. “The challenge in selling Newington Commons was finding a buyer comfortable with solving the complex short-term leases

Crane joins Pearce Real Estate’s Edgehill team

North Haven, CT Nanette Pastore, president of Pearce Real Estate, hasadded Nicole Crane to its group of agents in the company’s New Haven office, as a member of the Edgehill team. With her extensive experience, diverse skill set, and strong community involvement, Crane brings a fresh perspective

Press/Cuozzo hosts the Greater New Haven/Middlesex Association of Realtors CID monthly meeting

Cheshire, CT “I was honored to host the March Greater New Haven/Middlesex Association of Realtors Commercial Investment Division monthly meeting” said Stephen Press, SIOR. The meeting was held at the 6,000 s/f former dental suite at 415 Highland Ave., featuring high end build-out and great parking.