West Hartford, CT Tom Boyle and Steve Pappas of Chozick Realty completed the sale of 5 Highland St. Apartments for $6.5 million. 5 Highland St. is a 39-unit apartment complex located at the corner of Farmington Ave. and Highland St. in a residential location. Covered parking along
Stamford, CT The Brownfield Coalition of the Northeast (BCONE) will host their annual Northeast Sustainable Community Workshop (NSCW) as an in-person event on September 13 and 14. This regional event will include informative presentations about current Brownfield topics, financial incentives, real estate trends, and the latest technologies and solutions
Bridgeport, CT Marisa Shiland, the valedictorian of the 2020 Henry Abbott Technical High School graduating class, has been awarded the 2022 Viking Construction Education Scholarship. Shiland, who will be a junior at the University of Mary in Bismark, N.D., received the $4,000 scholarship to use towards her pursuit of a construction management degree.
Fairfield, CT Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein, LLC was the listing broker and represented the purchaser of The Inn at Fairfield Beach, 1160 Reef Rd. The buyer was Michael and Jeff Giannone, local residents whose intensions are to run the property as an inn. The 6,804 s/f three-story inn sold for $2 million or $293 per s/f.
Stamford, CT The Ashforth Company’s board of directors has unanimously adopted an 18-month succession plan to promote Ryan Harvey to CEO effective January 1, 2024. Until that time Harvey will serve as co-CEO alongside Andrew Ashforth. The company’s executive leadership transition commenced on July 1
st of this year. At that time Darrell
Plainfield, CT Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development negotiated the sale of 0 Topor Rd. and 1279 Norwich Rd. to Western Express, which has a facility located at 1293 Norwich Rd. Lyman was the only sales agent involved in the off-market deal.
Essex, CT Diane Arnold, president & CEO of Essex Savings Bank said that Lynn Giroux has been promoted to executive vice president, chief operating officer. “Lynn is an invaluable member of the senior management team of Essex Savings Bank and this promotion is well-deserved,” said Arnold.
North Haven, CT Cronheim Mortgage has arranged $23.5 million in permanent financing for a 148,277 s/f retail center, North Haven Pavilion, 200 Universal Dr. The 10-year financing amortizes over 30 years. Dev Morris, David Poncia, Allison Villamagna, and Andrew Stewart represented the borrower, a wholly-owned subsidiary of National
Southington, CT An affiliate of The Simon Konover Company has acquired Eden & Main Apartments, a 55+ rental community that was recently developed by Kokes Properties of New Jersey. “We are excited to add Southington to the growing list of communities we serve. This newly constructed 41-unit community is inviting, bright, and extremely welcoming. The building
Conn./Western Mass. chapter meetings and events: • August 24 - SIOR CCIM Cocktails & Networking, Milford, CT. • October 13 - Member Meeting & Networking event, Essex Yacht Club, Essex, CT.
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