Monroe, CT The 17,860 s/f industrial building at 515 Fan Hill Rd. has been sold to the Redco Audio, Inc. The sale price was $1.2 million or $67.19 per s/f. The building had formerly been occupied by Stancor Pumps. Redco will be using the building for Redco Audio, SpaceLift Attic Lift, and Earmark Communications.
Milford, CT Deforest Smith, CCIM, SIOR, president of George J. Smith & Son Commercial and Investment Real Estate sold a 14,000 s/f office on Broad St. at the head of Milford Green. The seller was 1639, LLC. The buyer, Diving Rock Partners, LLC is a group of local investors.
NORTH HAVEN, CT Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services said that senior advisor, Joel Nesson arranged the sale of 356-360 State St. The combined sites, total 2.3 acres with 200’ frontage on State St, at a signalized corner.
Bridgeport, CT The Oak & Avery Group brokered the sale of at 28-unit multifamily at 858 Noble Ave. and a 4-unit multifamily at 49 Warren St. in New Haven. Anthony Watkins, president, and Ian Rawlinson, associate, represented the sellers and the buyers.
New Haven CT Matthew Hughes, broker/owner of Farm River Property Management LLC completed the sale of 54 Judith Terrace. The property is a 5 unit apartment building and the sale price was $600,000.
Requests for Information (RFIs) and change orders on construction projects are costly and time consuming. They cause delays in operations and create strained relationships between stakeholders due to anxieties associated with disruptions in project schedules and budgets.
Hartford, CT The CCIM Connecticut Chapter recently awarded two scholarships towards earning the CCIM designation. The Stan Gniazdowski/Carl Russell Endowed Scholarship was awarded to Chris Reid. A Realtor since 2016, Reid currently specializes in investment properties with the Higgins Group of Stamford.
Norwalk, CT Rosewood Realty Group completed the $53 million sale of a mixed-use complex. Aaron Jungreis represented the buyer, Sentinel Real Estate group and the seller, Avenue Realty Capital was represented by a cooperating broker.
Boston, MA WS Development and Turner Construction celebrated the ceremonial topping off of 111 Harbor Way (Block L4 of the Boston Seaport project), which will soon become home to Amazon’s new office in the Seaport neighborhood.
Norwalk, CT To meet the needs of its global expansion, GameChange Solar will relocate its U.S. corporate headquarters from Manhattan to Brim & Crown at the Metro North train station, a mixed-use, redevelopment project of Spinnaker Real Estate Partners. Brim & Crown is a joint venture of Spinnaker and The Fieber Group.
