Connecticut

UB Stratford develops new facility slated for Net Zero

Stratford, CT UB Stratford I, LLC (UB Stratford) recently constructed a new self-storage facility utilizing nearly $400,000 in energy efficiency incentives to save an estimated $40,350 in annual energy costs.

Marcus & Millichap Capital Corp. recapitalizes Pike International portfolio

New Haven, CT Marcus & Millichap Capital Corp. (MMCC) has arranged a $8.62 million CMBS loan on eight properties and 99 units for Sam Hecht of Pike International.

Lyman Real Estate sells 2+ acres to Arconn Realty, LLC

Haddam, CT Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, sold 2+ acres at 105 Bridge Rd., which is slated for multifamily development. Lyman represented the seller, CCC Haddam LLC. The buyers are Arconn Realty,

Newmark sells 18-building industrial portfolio

Windsor, CT Newmark negotiated the sale of a 566,000 s/f industrial portfolio consisting of 18 buildings within the Hartford metro area. Newmark’s tri-state capital markets executive managing director

CBRE sells Parc Grove Apartments to Pacific Urban Residential LLC

Stamford, CT CBRE brokered the sale of Parc Grove Apartments, a 402-home community. The CBRE team of Jeffrey Dunne, David Gavin, Gene Pride, Jeremy Neuer, Steve Bardsley and Eric Apfel represented a

TruNORTH Construction to break ground on $7 million Addison Square project at 219 Addison Rd. in Glastonbury, CT

Glastonbury, CT TruNORTH Construction is preparing to break ground on the $7 million Offices at Addison Sq. project this month. The office condominiums will be constructed at 219 Addison Rd. Each of the 18 units, built across four building structures will

Shawmut Design and Construction begins build of HMTX Industries new headquarters

Norwalk, CT Shawmut Design and Construction has broken ground on the new world headquarters for HMTX Industries, a global new materials flooring company. The four-story, 24,000 s/f project is on track to become the greenest building in the state, with completion slated for 2022.

Chozick Realty sells DW Capital’s 50 Morgan St. property for $22 million

Hartford, CT Rick Chozick and Tom Boyle of Chozick Realty have completed the sale of 50 Morgan St.  This 18-story downtown hotel was originally constructed in 1971 with 350 rooms and run under a series of national flags, most recently Radisson and Red Lion before recently undergoing a Class A apartment conversion.

R. Calabrese Agency brokers two land sales and one lease

Southington, CT The R. Calabrese Agency, LLC recently completed a lease of 2,150 s/f of office space located at 341 West St. The building is owned by 341 West, LLC

Royal Props. leases 1,250 s/f at JoAnn’s Plaza

Newington, CT According to Royal Properties, Inc., Smoothie King signed a long-term lease for 1,250 s/f at JoAnn’s Plaza, 3065-3105 Berlin Tpke.