Connecticut

Trotta of Lyman Real Estate sells 32,350 s/f to BitterrootAE for $1 million

Plainfield, CT Lyman Real Estate Brokerage & Development sold the property at 20 Excalibur Blvd., the former location of Motorsports Nation. Lyman broker Carolyn Trotta represented the buyer, Bitterroot AE, LLC, and Sentry Commercial was agent for the

O’Hara of CBC NRT sells 11.47 acres for $2 million

Shelton, CT Chris O’Hara, senior vice president of CBC NRT Inc., completed the sale of 11.47 acres on Waterview Dr. for $2 million to accommodate the expansion needs of Mercantile Development, Inc. (MDI).

R. Calabrese Agency and Godin Property Brokers lease 2,650 s/f

Southbury, CT Ralph Calabrese, principle of R. Calabrese Agency, LLC completed the leasing of 2,650 s/f to Pediatrics Associates of Conn. PC. The long-term lease began August 1 and is located in an end-cap of a plaza shared with Mattress Firm and Wells Fargo Bank.

H2M opens new office

Windsor, CT H2M architects + engineers has opened an office at 360 Bloomfield Ave. This announcement comes at a time when demand for H2M’s services has been increasing across all markets served by the firm

340-unit senior housing campus approved in Trumbull

Trumbull, CT In a 4 to 1 decision, the Planning & Zoning Commission approved a 340-unit senior housing campus on 17.6 acres. This culminated a three-year process including a zone change, appeal, wetlands and now site plan approval.

Northeast Private Client Group sells four properties for $17.26 million - including the sale of City Place Apartments for $4.15 million

New Britain, CT Northeast Private Client Group’s (NEPCG) Metro-North Investment Sales Team negotiated the sale of four properties totaling $17.262 million. City Place Apartments, located at 10-16 Washington St., sold for $4.15 million. This equates to a price of

BankRI provides $11.95 million financing to b7 Properties, LLC
for purchase and renovation of two apartment complexes

Groton, CT Bank Rhode Island (BankRI) has provided $11.95 million in financing to b7 Properties, LLC for the purchase and renovation of two apartment complexes. The real estate development company based out of R.I., owns investment

Groblewski of Fantini & Gorga arranges $17.25 million refinancing for Hollow Tree Self Storage facility

Darien, CT Fantini & Gorga arranged a $17.25 million refinancing package for Hollow Tree Self Storage at 131 Hollow Tree Ridge Rd. Casimir Groblewski placed the loan with a major New England-based banking institution on behalf of his client.

Marcus & Millichap arranges sale of 53,158 s/f FedEx property

North Haven, CT Marcus & Millichap negotiated the sale of FedEx, a 53,158 s/f net-leased property located at 347 State St., according to John Krueger, regional manager of the firm’s Manhattan office. The asset sold

Russell of H. Pearce Commercial leases 10,174 s/f to Dollar Tree Store

Milford, CT Carl Russell, CCIM, SIOR, senior commercial broker of H. Pearce Commercial Real Estate has closed on the lease of more than 10,000 s/f at 1770 Boston Post Rd.