Connecticut

Marcus & Millichap arranges the sale of 24-unit The Sedgwick for $6 million

West Hartford, CT Marcus & Millichap negotiated the $6,000,100 sale of The Sedgwick, a 24-unit apartment property, according to Susan Bands, regional manager of the firm’s New Haven office.

Educational Playcare leases 15,000 s/f long-term at Litchfield Crossings

New Milford, CT Educational Playcare has signed a long-term lease for a 15,000 s/f facility in Litchfield Crossings, 169 Danbury Rd. The childcare school is opening in January 2023 and will accommodate 200 students offering programs for children six weeks to five years old.

Vidal/Wettenstein and Compass Commercail-Febbraio Group co-broker 4,325 s/f lease

Fairfield, CT A North Carolina based company has leased a 4,325 s/f building at 69-79 Sanford St., across from the Metro-North rail station. Next Century Spirits, based in Raleigh, will utilize the building for their corporate sales and marketing offices.

Kintzer of Royal Properties brokers sale of 41,850 s/f industrial portfolio

Stamford, CT Royal Properties, Inc. negotiated the sale of The Irving Ave. Portfolio (0, 17, 18, 25 & 43 Irving Ave. and 145 Selleck St.). The asking price was $5.5 million.

Choyce Peterson sells 4,925 s/f medical office

Fairfield, CT Choyce Peterson, Inc. brokered the sale of a 4,925 s/f free-standing building at 309 Stillson Rd. to Dr. Vinay Madan, MD. In mid-2021, Choyce Peterson was appointed by Meland Properties LLC as the exclusive listing agent for the medical building situated

Colliers secures 11,500 s/f office lease to Silver Golub & Teitell

Stamford, CT Colliers has secured an 11-year office lease for Silver Golub & Teitell LLP. The trial law firm has leased 11,500 s/f on the 15th floor of 1 Landmark Sq., in a relocation from their home of many years at 184 Atlantic St. Colliers executive

R. Calabrese Agency sells 15,870 s/f for $900,000

Southington, CT Ralph Calabrese of the R. Calabrese Agency, LLC negotiated the $900,000 sale of 1650 West St. The 15,870 s/f two-story office/retail building sits on 1.58 acres.  Both floors of the building are at grade level with the rear lower

Fischer Real Estate sells 14,042 s/f industrial for $1.42 million to Pinesbridge Properties

Beacon Falls, CT Pinesbridge Properties, LLC has purchased 45 Pinesbridge Rd. from RSJ Development. The 14,042 s/f concrete block building sitting on 6.4 subdividable acres was divided into a 11,230 s/f section used

Worth Avenue Capital arranges $130,000 loan

New Haven, CT Worth Avenue Capital, LLC closed a $130,000 commercial loan to a small market/restaurant. The borrower is using the loan proceeds for working capital purposes and the loan is secured by a first mortgage on a commercial building that is situated in a historic downtown

Webinar series on energy storage solutions

Hartford, CT Clean Energy Group (CEG) and the Conn. Green Bank are hosting a webinar series on Conn.’s new Energy Storage Solutions Program, launched by Conn.’s Public Utilities Regulatory Authority (PURA) in January. The program is a nation-leading, nine-year effort to