Connecticut

OFI promotes Wake to VP of sales operations

Newington, CT OFI has promoted Megan Wake (formerly Phillips) to vice president of sales operations. Wake, a 19-year OFI employee, has been promoted to this newly created position to act as a liaison between all departments.

Northeast Private Client Group brokers sale of $4.595 million

New Britain, CT Northeast Private Client Group (NEPCG) brokered the sale of 87 West Main St. Senior associates Rich Edwards and Jeff Wright, along with associate Patrick Hegarty, represented the seller and procured the buyer for a 29,000 s/f mixed-use investment property.

Repeat borrower uses $400,000 WAC construction loan for Greenwich “spec” house

Greenwich, CT Worth Avenue Capital, LLC (WAC) closed a $400,000 construction loan for a builder.The loan proceeds will be used to complete the construction of a luxury “spec” house in one of the toniest neighborhoods.

Institutional Property Advisors brokers sale of 164 condominium units

Avon, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, sold Avon Place. The sale comprised 164 condominium units out of the association’s 188 condominium units.

Peterson and O’Connell of Choyce Peterson sell 30,000 s/f to PioneerKids

Bridgeport, CT Choyce Peterson, Inc. sold the 30,000 s/f free-standing office building at 430 State St. to PioneerKids LLC which is affiliated with Adam J. Lewis Academy.

Herzer and Zygmunt promoted at SLAM

Glastonbury, CT SLAM (The S/L/A/M Collaborative) promoted Rick Herzer, AIA, LEED AP to managing principal of design and director of sustainability and Robert Zygmunt, PE to principal and shareholder.

Hoffmann wins Conn. AIA’s J.E.D.I. award

Prospect, CT Hoffmann Architects received the Justice, Equity, Diversity & Inclusion (J.E.D.I.) Award from the Conn. Chapter of the American Institute of Architects (AIA Conn.) at the annual awards gala on November 16 at Aria.

IBM and HEI Hotel & Resorts sign new leases at Merritt 7 Park

Norwalk, CT According to Clarion Partners LLC and Marcus Partners, hospitality owner and operator HEI Hotels & Resorts and IBM have renewed their leases at Merritt 7 Park.

Wells Fargo relocates branch in New Haven

New Haven, CT Wells Fargo has relocated its downtown retail bank branch to 956 Chapel St., which is located diagonally across the town green from its previous location at 205 Church St.

Goman to hold virtual webinar CRE forecast on January 25, 2023

Guilford, CT Mark your calendars for January 25, 2023. The CT CCIM Chapter welcomes back Mike Goman, principal of Goman & York, for a virtual webinar to update CRE professionals with his 2023 predictions for the CRE industry.