Connecticut

Cushman & Wakefield facilitates $12m
sale of multifamily development

Norwalk, CT Cushman & Wakefield has arranged the sale of 370 West Ave., a 2.34-acre development site at the crossroads of I-95 and Rte. 7. The final sale price was $12.02 million. Cushman & Wakefield’s Al Mirin, Kate Schwartz, Matthew Torrance,

Connecticut CCIM Chapter hosts complimentary 2024 CRE outlook webinar

Guilford, CT The CCIM Connecticut Chapter is hosting “What’s Next in 2024? A Local CRE Forecast” a complimentary webinar with Mike Goman of Goman + York. The webinar will be held on January 25, 2024 from 1:30 to 2:30 p.m. 

Connecticut CCIM Chapter Deal of the Month

Guilford, CT The CT CCIM Chapter’s Deal of the Month: Bryan Atherton, CCIM, SIOR and Matt Renzulli, of the Atherton Team of Better Homes and Gardens Commercial, were the sole agents in the sale of 2695 N. Military Trail

Cawley of National Multifamily arranges three transactions totaling $4.525 million

Bridgeport, CT President Matt Cawley of National Multifamily completed multiple trades across the tri-state area in the second half of 2023. • The mixed-use property located at 3142 Fairfield Ave. in Bridgeport, is an eight-unit built in 1917. Situated on a 0.18-acre site the building

Kornreich of Angel Commercial completes $3.9 million sale - 6,617 s/f building

Westport, CT Angel Commercial, LLC completed the sale of 950 Post Rd. East, for $3.9 million. The 6,617 s/f building on 0.67 acres was previously the home of Men’s Warehouse. Eva Kornreich, vice president at Angel Commercial, LLC, who represented both parties

Seligson Properties completes $20 million
renovation of health and banking center

Norwalk, CT Seligson Properties completed renovations transforming and modernizing the historic bank building at 637 West Ave. into a new medical facility for Stamford Health and a fully revamped branch office for Wells Fargo Bank. The $20 million renovation was designed to reposition the existing three-story, 27,000 s/f building built in 1955 into 24,000 s/f of signature medical office space

Vidal/Wettenstein and Angel Commecial broker 5,556 s/f office lease relocation

Fairfield, CT Vidal/Wettenstein and Angel Commercial have arranged the lease for Mantrose-Haeusers’ office relocation. It was recently announced that Mantrose-Haeuser Company has relocated their corporate U.S. office from Westport.

Hines of Horvath & Tremblay facilitates two multifamily sales totaling 51 units

Hartford, CT Tim Hines of Horvath & Tremblay has facilitated the sale of two multi-family transactions totaling 51 units for a total of $3.435 million. Hines arranged the sale of a 33-unit multi-family portfolio. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.025 million.

Simone Development renews First Students’ lease at 31,000 s/f facility

Stamford, CT Simone Development Companies has arranged for First Student, a school bus transportation company, to renew a lease for 31,000 s/f of space at 316 Courtland Ave., a 115,453 s/f property featuring warehouse/R&D and office space. Both ownership and First Student were represented in-house.

Colonial Properties arranges four sales/leases totaling 47,500 s/f

Derby, CT Colonial Properties, Inc., has completed four transactions. Fred Messore, broker and vice president of Colonial Properties, Inc. represented the seller, Carmelina Properties, LLC, in the sale of 182 & 184 Elizabeth St. in Derby, a mixed-use building totaling 7,000 s/f on .14 acres.