Coote of Wm. M. Hotchkiss Co. named to Power 25 Real Estate

New Haven, CT Richard Coote, president of the Wm. M. Hotchkiss Co., has been recognized as a member of NewHavenBIZ.com’s Power 25 Real Estate - 2022.This list puts the spotlight on real estate agents and developers transforming and making an impact in the Greater New Haven region.

Dietz and Pagani of Colliers sell 7,400 s/f

Manchester, CT 9 Brainard Pl. was sold for $345,000 on January 20, 2023. The 7,400 s/f industrial building was purchased by JM Associates, LLC. Christian Dietz and Bob Pagani of Colliers represented buyer.

Strickling and Dube of Sky Realty Group broker sale of The Ottone Apartments for $7.95 million

Waterbury, CT Sandy Strickling and Anne-Marie Dube of Sky Realty Group brokered the sale of Ottone Apartments. A New York-based investor acquired Ottone Apartments for $7.95 million ($69,130/unit). The Ottone is comprised of a 10-story high

Klimek and Fagan of Cushman & Wakefield arrange three leases totaling 50,759 s/f at 1200 Post Rd. East

Westport, CT Cushman & Wakefield arranged three leases totaling 50,759 s/f at the renovated 1200 Post Rd. East. Cushman & Wakefield’s Adam Klimek and Jim Fagan represented the landlord, 1200 Post Road LLC, in the transactions.

MBI Inc. and LBB Specialties to relocate to Clarion Partners’ Merritt 7 in Norwalk

Norwalk, CT According to Clarion Partners LLC and Marcus Partners, two new tenants will be relocating to Merritt 7. Consumer products marketing company MBI Inc. will be taking 32,648 s/f in the recently upgraded Building 501, while

CBRE arranges $48.65 million sale of 164-unit Reserve41 on behalf of the seller, Norpointe LLC

Norwalk, CT Representatives of CBRE, led by Jeff Dunne, Eric Apfel and Stuart MacKenzie, arranged the $48.65 million sale of Reserve41, a 164-unit multifamily community. CBRE represented the seller, Norpointe LLC, a partnership led by real estate investment firm, Belpointe. The team also procured the buyer

Northeast Private Client Group brokers sale of $2.195 million building at 38-40 Glenwood Ave.

Norwalk, CT Northeast Private Client Group (NEPCG)  has completed the sale of 38-40 Glenwood Ave. Senior associates Rich Edwards and Jeff Wright, along with associate Patrick Hegarty, represented the seller and procured the buyer for a 10-unit value-add multifamily investment $2.195 million property.

Leasing begins at new phase of Stamford Urby - will create 176 new apartments

Stamford, CT Leasing kicks off in early 2023 for the new phase of Stamford Urby. In anticipation of the opening, Urby has completed the formation of a priority waitlist to receive advance information and to be among the first to schedule private tours of the new building and amenities. 

Harris, Hensley and Nelson named principals at Pickard Chilton - promoted from associate principals

New Haven, CT Pickard Chilton has promoted three associate principals to the position of principal. Stephen Harris, Michael Hensley, and Adrienne Nelson join Jon Pickard, William Chilton, and Anthony Markese as principals of the 25-year-old studio.

Ballachino joins Union Savings Bank as Vice President, senior CRE lender

Danbury, CT Thomas Ballachino has joined Union Savings Bank as vice president, senior commercial real estate lender.