Connecticut

Chozick Realty closes on Deer Park Apartments: 45-units for $5.5m

Willington, CT Tom Boyle and Steve Pappas of Chozick Realty have facilitated the sale of Deer Park Apartments. The 45-unit garden style, multifamily property located at 87 Ruby Rd., closed at a sales price of $5.5 million, ($122,222 per unit).

Cooper Robertson to lead development of Middletown riverfront master plan

Middletown, CT The architecture and urban design firm Cooper Robertson has been selected by the city to lead development of a master plan for a key portion of the city’s riverfront. The initiative, which includes project partners Karp Strategies and Langan, aims to reimagine a 200-acre stretch of land along the Connecticut River as an accessible new city district

Lyman Real Estate sells warehouse to Watkins for Snap-on location

Old Saybrook, CT Lyman Real Estate Brokerage & Development has sold 117 Spencer Plains Rd., to Adam Watkins, a Snap-on tools franchisee. Broker and development associate Sam Lyman represented the buyer in the off-market deal for a purchase of $456,318. The seller was OSCT, LLC.<

Hudson Meridian Construction Group and Paredim Partners start 398-unit multifamily community at 201 Munson St. in the Science Park section of New Haven, CT

New Haven, CT An affiliate of Hudson Meridian Construction Group has obtained construction financing from ACORE Capital and Sculptor Real Estate to fund the development of a six-story, 398-unit multifamily community at 201 Munson St. in the Science Park section of the city. The financing was arranged by Tessera Partners

Hines of Horvath & Tremblay sells four multifamily properties in Hartford - $3.63 million

Hartford, CT Tim Hines of Horvath & Tremblay has arranged the sale of four multifamily properties. Hines exclusively represented the seller to complete the transaction at a sale price of $1.29 million. The multi-family properties are located at 140,

Meridian Capital Group sells 614,610 s/f industrial property - $37.6 million

Newington, CT Meridian Capital Group’s Abie Kassin, Lipa Lieberman, Ikey and Morris Betesh closed on the sale of 353 Alumni Rd., a 614,610 s/f industrial property on 77 acres. This transaction follows a recent industrial sale arranged by

Vidal/Wettenstein leases 17,627 s/f

Shelton, CT Vidal/Wettenstein, LLC completed the leasing of 17,627 s/f of office and flex space at 230 Long Hill Cross Rd., on behalf of the owner DELC Investments, LLC. The tenant IES Holdings, Inc. a publicly traded company based in Houston, TX designs

Design Your Monday wins Best Specialty Project award by CREW CT

Glastonbury, CT Design Your Monday was presented with the Best Specialty Project award by CREW CT, a leading organization for senior-level executive women in Connecticut commercial real estate. The CREW CT’s Annual Blue Ribbon Awards Showcase was held on May 18 to honor excellence for Connecticut’s 2021

Gaucher of O,R&L sells 18,000 s/f office/warehouse

Berlin, CT Bob Gaucher of O,R&L Commercial sold 124 White Oak Dr. for $1.395 million on April 7, 2022. The fully leased 18,000 s/f single-story office/warehouse building is situated on 3.05 acres in PI zone. The steel frame and masonry building, which was built in 1990, contains 3 loading docks and 58 parking spaces.

CCIM Connecticut Chapter holds a successful mid-year commercial real estate symposium

Cromwell, CT The CCIM Connecticut Chapter hosted their annual Mid-Year Symposium on May 16 at the TPC River Highlands. The event titled: “Connecticut: The State of the State” focused on the commercial real estate (CRE) outlook