Connecticut

Pearce Real Estate selected for 2022 Best of Hamden in Real Estate Agency category

North Haven, CT Pearce Real Estate has been selected for the 2022 Best of Hamden Award in the Real Estate Agency category by the Hamden Award Program. Each year, the Hamden Award Program identifies companies that they believe have achieved marketing success in their local community and business category.

Builder uses short-term Worth Avenue Capital loan to complete “spec” homes

Greenwich, CT Worth Avenue Capital, LLC (WAC) closed a $350,000 short-term bridge loan to a builder of high end “spec” homes. The loan proceeds will be used to assist with the completion of one of three separate “spec” homes that the builder currently has under construction. The loan is secured by a blanket junior mortgage on all three

Kornreich of Angel Commercial brokers $2.5 million sale of 10,871 s/f

Wilton, CT Angel Commercial, LLC said that Greenwich Realty Development, LLC has purchased a 10,871 s/f office condominium building on .625 acres at 12 Godfrey Pl. for $2.5 million for a new residential apartment development.

Robinson+Cole to relocate offices to One State St., Hartford Steam Boiler Building

Hartford, CT Robinson+Cole is relocating its local office to One State St., also known as the Hartford Steam Boiler Building, a 24-story office tower in the CBD overlooking the Connecticut River. The move, slated for September 2023, will give the firm the top floors of the building, including floors 19, 20, 21, 23 and 24.

Boyle and Pappas of Chozick Realty close 39-unit apartment complex for $6.5 million

West Hartford, CT Tom Boyle and Steve Pappas of Chozick Realty completed the sale of 5 Highland St. Apartments for $6.5 million. 5 Highland St. is a 39-unit apartment complex located at the corner of Farmington Ave. and Highland St. in a residential location. Covered parking along

Brownfield Coalition of the Northeast to host Northeast Sustainable Community Workshop on Sept. 13-14

Stamford, CT The Brownfield Coalition of the Northeast (BCONE) will host their annual Northeast Sustainable Community Workshop (NSCW) as an in-person event on September 13 and 14. This regional event will include informative presentations about current Brownfield topics, financial incentives, real estate trends, and the latest technologies and solutions

Shiland of Henry Abbott Technical High School named 2022 Viking Construction scholarship winner - $4,000

Bridgeport, CT Marisa Shiland, the valedictorian of the 2020 Henry Abbott Technical High School graduating class, has been awarded the 2022 Viking Construction Education Scholarship. Shiland, who will be a junior at the University of Mary in Bismark, N.D., received the $4,000 scholarship to use towards her pursuit of a construction management degree.

Vidal/Wettenstein sells 6,804 s/f The Inn at Fairfield Beach for $2 million

Fairfield, CT Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein, LLC was the listing broker and represented the purchaser of The Inn at Fairfield Beach, 1160 Reef Rd. The buyer was Michael and Jeff Giannone, local residents whose intensions are to run the property as an inn. The 6,804 s/f three-story inn sold for $2 million or $293 per s/f.

Harvey to be promoted to CEO of The Ashforth Co.

Stamford, CT The Ashforth Company’s board of directors has unanimously adopted an 18-month succession plan to promote Ryan Harvey to CEO effective January 1, 2024. Until that time Harvey will serve as co-CEO alongside Andrew Ashforth. The company’s executive leadership transition commenced on July 1st of this year. At that time Darrell

Lyman Real Estate Brokerage & Development sells 1.92 acres to Western Express

Plainfield, CT Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development negotiated the sale of 0 Topor Rd. and 1279 Norwich Rd. to Western Express, which has a facility located at 1293 Norwich Rd. Lyman was the only sales agent involved in the off-market deal.