Connecticut

Pearce Real Estate and Godin Property Brokers broker sale of four office buildings totaling 66,200 s/f

Meriden, CT Pearce Real Estate senior commercial broker Carl Russell sold four office buildings: 1 Prestige Dr., 210 Pomeroy Ave., and two buildings at 240-250 Pomeroy Ave.

New Canaan emerging as one of Fairfield County’s hottest housing markets

New Canaan, CT With its mix of historic and modern homes, schools, recreational facilities and a smalltown atmosphere, the town has emerged as one of Fairfield County’s hottest housing markets.

Saugatuck Commercial Real Estate sells 3,380 s/f mixed-use property

Old Greenwich, CT Saugatuck Commercial Real Estate (SCRE) represented the owner of 280 Sound Beach Ave. in the sale of their 3,380 s/f mixed-use property.  The property and adjoining parcels had been owned by the family since the 1950s and once served as the primary

Angel Commercial sells 7,890 s/f mixed-use building for $1.525 million

Norwalk, CT  Elmcrest Inc., a Conn. real estate investor, has purchased a commercial property at 12 Elmcrest Terrace for $1.525 million, according to Jon Angel, president of Angel Commercial, LLC. The seller was Taloney Associates, LLC. Angel

D.F. Pray General Contractors opens new office in New Haven

New Haven, CT D.F. Pray General Contractors has opened a new office at 157 Church St. to support existing clients and expanding business opportunities. “The opening of this office in New Haven is an exciting milestone for D.F. Pray,” said Scott Pray, president

Kray and Noeldechen of Marcus & Millichap arrange $4.4 million financing of 32,000 s/f retail property located at 420 Boston Post Rd.

Orange, CT Marcus & Millichap Capital Corp. (MMCC) has arranged $4.4 million in financing for a 32,000 s/f retail property located along US-1 at 420 Boston Post Rd. The financing was arranged by MMCC’s Gerald Kray, first vice president and Robert Noeldechen, vice president.

Metcalfe and Reed of CBRE represent Wharton Industrial in 279,256 s/f warehouse lease to BlueTriton Brands, Inc.

East Windsor, CT Wharton Industrial, a platform of real estate investment firm Wharton Equity Partners, leased the entirety of its 279,256 s/f industrial warehouse to BlueTriton Brands, Inc. — formerly known as Nestle Waters North America — just months

JLL Capital Markets arranges $8.98 million financing for Northpath Investments

Milford, CT JLL Capital Markets has arranged $8.98 million in financing for the acquisition of Milford Plaza, a 180,315 s/f neighborhood shopping center anchored by a specialty grocer located at 155-22 Cherry St. JLL worked on behalf of the borrower, Northpath Investments

Pentore, Nolletti and Klockner of Institutional Property Advisors broker sale of Folly Brook Manor

Wethersfield, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap brokered the sale of Folly Brook Manor, a 184-unit property. “Historically an investor-owned condominium rental housing, Folly Brook Manor is now wholly owned by one entity,” said Eric Pentore, IPA

Bartlett Brainard Eacott hires Taylor as director of marketing and business development

Bloomfield, CT Bartlett Brainard Eacott (BBE) has hired Beth Taylor, CPSM, LEED AP, as director of marketing and business development. In her new role, Taylor will focus on new opportunities for BBE, promote the company’s offerings, and cultivate relationships with clients and partners to help expand BBE’s presence throughout