New Britain, CT Northeast Private Client Group’s (NEPCG) Metro-North Investment Sales Team negotiated the sale of four properties totaling $17.262 million. City Place Apartments, located at 10-16 Washington St., sold for $4.15 million. This equates to a price of
Groton, CT Bank Rhode Island (BankRI) has provided $11.95 million in financing to b7 Properties, LLC for the purchase and renovation of two apartment complexes. The real estate development company based out of R.I., owns investment
Darien, CT Fantini & Gorga arranged a $17.25 million refinancing package for Hollow Tree Self Storage at 131 Hollow Tree Ridge Rd. Casimir Groblewski placed the loan with a major New England-based banking institution on behalf of his client.
North Haven, CT Marcus & Millichap negotiated the sale of FedEx, a 53,158 s/f net-leased property located at 347 State St., according to John Krueger, regional manager of the firm’s Manhattan office. The asset sold
Milford, CT Carl Russell, CCIM, SIOR, senior commercial broker of H. Pearce Commercial Real Estate has closed on the lease of more than 10,000 s/f at 1770 Boston Post Rd.
New Britain, CT Natalia Smiarowski has been awarded the 2021 Viking Construction Education Scholarship. Smiarowski, who plans to study architecture at the University of Massachusetts-Amherst, will receive $1,000 per year each year she remains in the program
Stratford, CT According to the seller’s broker Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein, 240 Hathaway Dr. has been sold. The 20,062 s/f industrial building sold for $1.85 million or $92.21 per s/f. The building had been owned and
Tolland, CT Jay Morris of O,R&L Commercial has sold 6 Fieldstone Commons for $3.41 million. The buyer was Edward Lockery and the seller was People’s United Bank. The 16,414 s/f building is mostly medical and master leased to ECHN. People’s United Bank
Essex, CT The board of directors of Essex Savings Bank has named Diane Arnold, formerly senior vice president and chief lending officer, as the new president and CEO effective August 1.
Guilford, CT The CCIM CT Chapter is accepting applications for the Stan Gniazdowski/Carl Russell Endowed Scholarship which will provide $1,000 towards earning the CCIM designation.
