Connecticut

Whitmer, Spies, Mirin, Torrance, Collins, Dowd, and Welch of Cushman & Wakefield rep. AvalonBay in sale of 240-units

Norwalk, CT Cushman & Wakefield has arranged the sale of Avalon East Norwalk, a 240-unit multifamily community located at 8 Norden Pl.

Angel Commercial sells 54,200 s/f SoNo Field House for $8 million

Norwalk, CT Angel Commercial, LLC said that the Northeast Volleyball Club (N.A.C.) of Wilton has purchased a 54,200 s/f commercial building on 2.67 acres located at 365 Martin Luther King Junior Dr. for $8 million.

Vidal/Wettenstein and William Pitt co-broker sale of 2,500 s/f for $1.05 million

Fairfield, CT The law firm of Meehan & Meehan will be relocating to 116 Sherman St. The 2,500 s/f space will be used for the firm’s law practice. The building was purchased by MTM Sherman Street LLC, for $1.05 million

Wickey of Saugatuck Commercial Real Estatye leases retail space to Bobbles & Lace

Westport, CT Saugatuck Commercial Real Estate (SCRE) represented Bobbles & Lace in leasing their first Connecticut location at 11 Church Lane. Bobbles & Lace (B&L) has seven locations with four storefronts in Mass.

Colliers sells 300,000 s/f to Stillman Development International

Bristol, CT 300 Broad St. a 300,000 s/f facility formerly owned by Theis Precision Steel USA Inc. has been sold to a division of Stillman Development International. Nicholas Morizio SIOR, CRE, Keith Kumnick SIOR, and Sean Kumnick of Colliers International represented the seller.

Hale of O,R&L brokers $1.005m sale of 18,756 s/f office building

Wethersfield, CT Andrew Hale of O,R&L Commercial, LLC brokered the sale of 449 Silas Deane Hwy. The 3-story, multi-tenanted 18,756 s/f office building sold for $1.005 million. The building is 67% leased and situated on 1.19 acres.

JLL sells 209-unit Vela on the Park

Stamford, CT JLL Capital Markets closed the sale of Vela on the Park, a 209-unit, high-rise apartment community. JLL represented the seller, a partnership between an affiliate of Trinity Financial, Inc. and Berkshire Residential Investments.

Worth Avenue Capital arranges $500,000 construction loan

Greenwich, CT Worth Avenue Capital, LLC closed a $500,000 construction loan to an existing borrower for the purpose of completing the renovations of a “spec” house in Greenwich, Connecticut.

Wright and Edwards of Northeast Private Client Group handle $1.65 million multifamily sale

Fairfield, CT According to Northeast Private Client Group (NEPCG), the metro north investment sales team completed the sale of 100 Castle Ave. Senior associates Jeff Wright and Rich Edwards represented the seller and procured the buyer

Red Oak Financial arranges $10 million bridge loan for South Campus at Gillette Ridge - a class A multi-tenant office/industrial campus

Bloomfield, CT Red Oak Financial, a Michigan-based commercial real estate finance company, completed a $10 million bridge loan for The South Campus at Gillette Ridge, a class A multi-tenant office/industrial campus in a suburb