Connecticut

Berger promoted to associate principal at Svigals + Partners

New Haven, CT Svigals + Partners has promoted WELL-accredited interior designer, Katherine Berger, IIDA, NCIDQ, WELL AP, to associate principal, along with the addition of four professionals in architectural design and firm operations.

Worth Avenue Capital arranges $60,000 bridge loan

Wallingford, CT According to Worth Avenue Capital, LLC (WAC) principal, Michael Ciaburri, the firm closed a $60,000 commercial loan for an LLC. The loan is secured by a first mortgage on real property with an underlying LTV of 33%

Angel Commercial leases 3,500 s/f to Yellow Brick Real Estate at One Post Rd.

Fairfield, CT According to Angel Commercial, LLC, Yellow Brick Real Estate has leased 3,500 s/f of waterfront office space on the third floor at One Post Rd. “The building’s occupancy rate is over 95%,” said Jon Angel,

Redniss & Mead’s Richard Redniss elevated to AICP Fellowship

Stamford, CT Redniss & Mead said that principal planner Richard Redniss, AICP has achieved one of the the planning profession’s highest honors by being named to the American Institute of Certified Planners (AICP) College of Fellows (FAICP) for

JLL Capital Markets closes $58 million sale of 82,000 s/f King’s Crossing retail center - purchased by TA Realty

Fairfield, CT JLL Capital Markets has closed the $58 million sale of King’s Crossing, an 82,000 s/f, class A destination shopping center anchored by Whole Foods Market.

Vidal of Vidal/Wettenstein negotiates sale of 21,000 s/f medical building

Stratford, CT According to Randy Vidal of Vidal/Wettenstein,  Aspect Health has acquired 2909 Main St. A 21,000 s/f medical building in the central business district.

CBRE closes $72 million sale of 400 Atlantic St., a 508,043 s/f office tower to George Comfort & Sons and AVG Partners

Stamford, CT CBRE brokered the $72 million sale of 400 Atlantic St., a 508,043 s/f office tower. Jeffrey Dunne, Steven Bardsley, Jeremy Neuer and Travis Langer of CBRE’s Institutional Properties Group, in collaboration with Meredith LaPier of Advisory

Press of Press/Cuozzo Realtors honored for sale of 962-964 Chapel St. in New Haven, CT

Branford, CT The New Haven Middlesex Association of Realtors Commercial Investment Division held their 2021 award ceremony on March 31st at The Stony Creek Brewery. Stephen Press, SIOR, CRB, GRI, principal and broker of Press/Cuozzo Realtors, received the Deal of the Year Award for the mixed-use category

Colonial Properties completes three sales totaling $835,000

Orange, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the firm has completed the following transactions. Fred Messore, SVP, was the sole broker in the sale of 209-211 Pershing Dr., Ansonia, a 2,550 s/f automotive repair and auto body building on .66 +/- acres.

Riccio, Larkin, and Paladino of CBRE arrange
$31.4 million senior loan for Beachwold Residential LLC

Simsbury, CT CBRE Capital Markets’ debt & structured finance team has arranged a $31.395 million senior loan for the acquisition of The Pointe at Dorset Crossing Apartments.