Garza and Fugitt of Vidal/Wettenstein
complete $2.3m sale of Palace Theater

South Norwalk, CT Silvester Garza and David Fugitt of Vidal/Wettenstein, LLC completed the sale of 13,665 s/f theater space located at 29 North Main St. The property is the former site of the Palace Theater.

Peck of Arnold Peck Realty receives Kapusta Lifetime Achievement Award

Stratford, CT Arnold Peck has received the Kapusta Lifetime Achievement Award from the Milford Regional Chamber of Commerce on January 25, 2024. It is part of the Annual Awards Gala held each year. This year was held at the Riverview Bistro, the location of the former Fagan’s Restaurant formerly owned by Peck.

Lawton joins Nuveen Green Capital as head of originations

Darien, CT Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions, has added Christopher Lawton, a veteran of commercial real estate finance, to the firm as head of originations. Lawton will play a role in leading NGC’s origination and growth strategies

Greenwich Office Park adds new café in 1,400 s/f space - Food Studio

Greenwich, CT Greenwich Office Park has added a new café, Food Studio, as part of their expansion of amenities at the park. Earlier in 2023 a new fitness center opened in 3,500 s/f, featuring 40+ pieces of cardio and strength and conditioning equipment.

Svigals + Partners promotes five

New Haven, CT The architecture and art integration firm Svigals + Partners made promotions of five key staff members to associate principal and associate positions. Named to the position of associate principal are Brian Stancavage, AIA, CDT and Cheryl Hart, director of marketing and business development.

WAC closes $350,000 in commercial loans

Tolland, CT On January 15, Worth Avenue Capital, LLC (WAC) closed a $200,000 commercial loan for a Connecticut-based business. The loan proceeds will be used for working capital purposes on a short-term basis. The loan is secured by a junior mortgage on an oceanfront luxury condominium

Press/Cuozzo and Coldwell Banker arrange sale of 7,200 s/f facility

Hamden, CT Stephen Press, SIOR, of Press/Cuozzo arranged the sale of this free standing, well maintained 7,200 s/f industrial/flex facility. Located at 4 Industrial Circle, in the Hamden Business Park, the building is on .92 acres.

Pearce RE names Borowski #1 agent of 2023

Hamden, CT Nanette Pastore, president of Pearce Real Estate, has named Wojtek Borowski, principal of the Edgehill Team in the company’s New Haven office, as Hamden’s number one real estate agent based on total closed volume for 2023 (statistics compiled by Smart MLS).

CCIM CT Chapter offers scholarship towards CCIM designation

Guilford, CT The CCIM CT Chapter is accepting applications for the Stan Gniazdowski/Carl Russell Education Scholarship. The scholarship will provide $1,000 towards earning the CCIM designation or full tuition for a core course hosted by the Connecticut chapter in 2024. 

CCIM CT Chapter deal of the month

Manchester, CT The CT CCIM Chapter recognized the following deal of the month: Frank Amodio, CCIM and Eric Amodio, CCIM of Amodio and Company brokered both sides of the sale of 47.3 acres of developable land located at 1769 Tolland Tpke., straddling the East Hartford border.