Connecticut

Merritt 7 leases over 160,000 s/f in past year, including new tenant Terex Corp.

Norwalk, CT According to Clarion Partners, LLC and Marcus Partners, Terex Corporation has signed a long-term lease at Merritt 7. Terex, a global manufacturing company, will be relocating from 45 Glover Ave. to 24,757 s/f in the recently

Hoffman Architects + Engineers receives J.E.D.I. Award from American Institute of Architects

Plantsville, CT Hoffmann Architects + Engineers, a design firm specializing in the rehabilitation of building exteriors, received a Justice, Equity, Diversity, and Inclusion (J.E.D.I.) Award from the American Institute of Architects (AIA) Connecticut Chapter.

Angel Commercial completes sale of two
properties totaling $4.39m

Fairfield, CT Angel Commercial, LLC completed the sale of a fully leased retail property located at 1610 Post Rd., for $2.44 million. The seller of this prime property was 1610 Post Road LLC, while the identity of the buyer remains undisclosed.

Zakos of Vidal/Wettenstein arranges 1,475 s/f lease for Milford Financial

Milford, CT According to Scott Zakos, associate of Vidal/Wettenstein, LLC, Milford Financial has leased 1,475 s/f of first floor office space at 3 Lafayette St. Brian Bach and Scott Jacob, partners of Milford Financial have been established in the city for years, relocating from a class A corporate office

Koury Group of Marcus & Millichap brokers
sale of Manchester Parkade for $19.2m

Manchester, CT Marcus & Millichap have completed the sale of Manchester Parkade in Manchester. The 302,000 s/f shopping center sold for $19.2 million. The property is shadow-anchored by one of the highest volume Stop & Shop grocery stores in the state

Stevens of Press|Cuozzo Realtors re-appointed chairperson for NHMR-CID

Hamden, CT Press|Cuozzo Realtors congratulate their commercial advisor Renee Stevens on her re-appointment as chairperson for the Greater New Haven Middlesex Association of Realtors (NHMR) Commercial Investment Division (CID).

Choyce Peterson publishes semi-annual Lower Fairfield County Market Survey

Norwalk, CT Choyce Peterson, Inc. has released its 28th semi-annual Lower Fairfield County Office Market Survey. The survey depicts silhouettes of 97 buildings with a total inventory of 17.9 million s/f and tracks changes in office space availability from year-end 2022 to year-end 2023 in larger

Press|Cuozzo negotiates sale of 13-unit condominium for $2.625 million

Clinton, CT Stephen Press, SIOR, president of Press|Cuozzo has completed the sale of Village Walk, a 13-unit condominium complex, 161 East Main St. Built in 2010, the property has always operated as a rental property. The property, Village Walk, consisted of 12, 1,600 s/f, townhouse units with garages, and a free standing 1,500 s/f unit.

Houlihan Lawrence releases 2023 Greenwich Market Report and Darien, New Canaan, Rowayton Q4 Market Report

Greenwich, CT The Greenwich real estate market in 2023 was punctuated by limited inventory and continued high buyer demand. High mortgage rates and few homes to choose from kept many homeowner on the sidelines, waiting for more options.

Cushman & Wakefield facilitates $12m
sale of multifamily development

Norwalk, CT Cushman & Wakefield has arranged the sale of 370 West Ave., a 2.34-acre development site at the crossroads of I-95 and Rte. 7. The final sale price was $12.02 million. Cushman & Wakefield’s Al Mirin, Kate Schwartz, Matthew Torrance,