BOND upgrades energy systems on UConn campus

Storrs, CT BOND Building Construction, Inc. (BOND Building) has completed work on the Central Utility Plant (CUP) project for the University of Connecticut (UConn). BOND Building constructed a more efficient and flexible chiller plant and upgraded the existing units that were under-performing as demand increased. The CUP was completed in support of UConn’s broader initiatives aimed at expanding hi-tech teaching, learning, and research capabilities with an increased focus on STEM.

Newmark reps. Yaraghi Realty in purchase of Stamford Town Center

Stamford, CT Newmark in conjunction with Yaraghi Realty LLC completed the purchase of Stamford Town Center from Rich-Taubman Associates for an undisclosed amount. Newmark’s managing director Christian Bangert was the sole buyer’s representative for Yaraghi Realty in the transaction while a team led by Christopher Hoffmann and Steven Livaditis of Eastdil Secured represented the sellers.

The Geenty Group handles two leases to Pexagon

Guilford, CT The Geenty Group Realtors reports two leases at 1 Shoreline Dr. The tenant for both leases is Pexagon Technology, Inc. Brian Campbell is the president. They have entered into a 10-year lease for a 10,880 s/f unit, and have also leased another unit of 4,380 s/f. They will use the spaces for their warehouse and laser printing operations. 

Viking Construction wins 11th Excellence in Construction Award

Bridgeport, CT Viking Construction has received its 11th Excellence in Construction Award from the Associated Builders and Contractors of Connecticut. The award recognizes Viking’s work as general contractor on the $34 million Willow Creek residential project in Hartford. Viking received the honor virtually at the CT-ABC’s annual Excellence in Construction award event held October 22nd.

Wettenstein of Vidal/Wettenstein and Cahill of Avison Young handle 27,156 s/f lease to CDI

Stratford, CT The industrial warehouse facility at 280 Garfield Ave. has been leased to Connecticut Distributors, Inc. (CDI). The 27,156 s/f building will be used for storage and distribution.  Bill Steindl, director of business logistics at CDI, said, “Our business has been steadily growing over the last few years as we have attracted more suppliers to distribute their brands.

Thriving neighborhoods continue to attract mixed-use - by Melinda Agron

In a city of 130,000 people, New Haven consistently stands out among its similarly sized peers in New England and across the country. Certainly along the heavily trafficked New York-Boston corridor, no other city can claim to be at once a global tastemaker in the arts and culinary scenes and a diversified leader in four major industries–

Patten of The Proto Group brokers $575,000 sale

East Haven, CT The retail center located at 9-15 Foxon Blvd. has sold for $575,000. The 7,845 s/f fully leased center includes five tenants and is located on 0.56 acres. The listing agent was Steve Patten CCIM from The Proto Group. Vance Taylor from Commercial Services Realty assisted on the sale.

Niznick, Prestige Hospitality Group break ground for hotel expansion

Bristol, CT The owners and managers of the DoubleTree by Hilton Bristol held a groundbreaking ceremony on Thursday, September 17th, 2020 to officially kickoff the construction of an expanded hospitality complex featuring a new 50,000 s/f Bristol Event Center

Colonial Properties, Inc. brokers two sales totaling $4.7 million

West Haven, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., completed the following transactions.  Richetelli and Fred Messore, SVP, represented the seller, Bart Realty, LLC, in the sale of 855 Boston Post Rd., consisting of three commercial buildings

Invictus Real Estate Partners lands $107.25 million financing for The Waypointe - arranged by JLL Capital Markets

Norwalk, CT JLL Capital Markets has arranged $107.25 million in acquisition financing for the purchase of The Waypointe, a multihousing property located at 515 West Ave. JLL worked on behalf of the borrower, Invictus Real Estate Partners, to secure the loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo