Arakelian of Lila Delman Compass brokers $1.7m sale of Palmer’s Cove Marina

Groton, CT Lila Delman Compass has completed the sale of Palmer’s Cove Marina at 1023 Groton Long Point for $1.7 million. Gregory Arakelian, commercial director, represented the seller and facilitated for the buyer in this transaction.

Pearce Real Estate unveils top producers for Q3 2024

North Haven, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate,  the company has selected the top producers for the third quarter of 2024. “We are celebrating each agent for achieving success in a market that has been anything but easy, said Pearce. “Their dedication and professionalism is a remarkable example of what it means to be a top-tier agent.

Arsen’s Gym signs 9,000 s/f facility lease with Simone Development

Stamford, CT Simone Development Companies has arranged for Arsen’s Gym to sign a new, long-term lease for a 9,000 s/f fitness facility at 316 Courtland Ave. The new gym is Arsen’s sixth location and will feature a range of equipment, including cardio machines, boxing bags, free weights, and cable machines.

Shea of Stormfield Capital earns CCIM designation

Southport, CT The CCIM Connecticut Chapter is pleased to announce that Kyle Shea, vice president of Stormfield Capital, was awarded the Certified Commercial Investment Member (CCIM) designation by The CCIM Institute, the leading commercial real estate association in the world. The designation was awarded in September at The CCIM Institute’s Governance Meetings in Houston, TX.

CT CCIM Chapter hosts Site To Do Business workshop October 24

East Hartford, CT The Connecticut CCIM Chapter is hosting a workshop on the Site To Do Business Analyst and its application for commercial real estate. The workshop will take place on Thursday, October 24 from 9:00 a.m. to 5:00 p.m. at Goodwin University. The instructor is Stanley Gniazdowski, CCIM, CRE and president of CCIM Technologies.

Institutional Property Advisors brokers sale of 99-unit multifamily

Shelton, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Huntington Townhomes, a 99-unit multifamily asset. “Townhome living has become an extremely desirable, resilient, and underserved segment of the multifamily market,” said Victor Nolletti, IPA executive managing director investments.

Bellard and Vitti broker two transactions
on Boston Post Rd. - 11,526 s/f

Orange, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has reported the completion of the following transactions.  Gary Bellard, broker, represented the tenant, New Solutions Pain Management, in leasing 3,026 s/f of built out medical office space

Zelco Properties with Haverford Retail Partners acquires 123,000 s/f complex

Guilford, CT Zelco Properties, the development arm of Charter Realty, has acquired Guilford Commons in partnership with Haverford Retail Partners. The high-performing regional center, located on Rte. 1 at 1919 Boston Post Rd., has been a cornerstone of the greater New Haven County area

Choyce Peterson completes three headquarter lease negotiations

Stamford, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed of lease negotiations on behalf of two different companies in Fairfield County.

Robinson+Cole celebrates new office opening; design by Studio Alliance

Hartford, CT Robinson+Cole celebrated the opening of its newly relocated Hartford office at One State St., more commonly known as the Hartford Steam Boiler (HSB) Building, on September 5, 2024, with a ribbon-cutting ceremony and reception for employees, special guests, and dignitaries