Seligson Properties completes $20 million
renovation of health and banking center

Norwalk, CT Seligson Properties completed renovations transforming and modernizing the historic bank building at 637 West Ave. into a new medical facility for Stamford Health and a fully revamped branch office for Wells Fargo Bank. The $20 million renovation was designed to reposition the existing three-story, 27,000 s/f building built in 1955 into 24,000 s/f of signature medical office space

Vidal/Wettenstein and Angel Commecial broker 5,556 s/f office lease relocation

Fairfield, CT Vidal/Wettenstein and Angel Commercial have arranged the lease for Mantrose-Haeusers’ office relocation. It was recently announced that Mantrose-Haeuser Company has relocated their corporate U.S. office from Westport.

Hines of Horvath & Tremblay facilitates two multifamily sales totaling 51 units

Hartford, CT Tim Hines of Horvath & Tremblay has facilitated the sale of two multi-family transactions totaling 51 units for a total of $3.435 million. Hines arranged the sale of a 33-unit multi-family portfolio. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.025 million.

Simone Development renews First Students’ lease at 31,000 s/f facility

Stamford, CT Simone Development Companies has arranged for First Student, a school bus transportation company, to renew a lease for 31,000 s/f of space at 316 Courtland Ave., a 115,453 s/f property featuring warehouse/R&D and office space. Both ownership and First Student were represented in-house.

Colonial Properties arranges four sales/leases totaling 47,500 s/f

Derby, CT Colonial Properties, Inc., has completed four transactions. Fred Messore, broker and vice president of Colonial Properties, Inc. represented the seller, Carmelina Properties, LLC, in the sale of 182 & 184 Elizabeth St. in Derby, a mixed-use building totaling 7,000 s/f on .14 acres.

Northeast Private Client Group sells mixed-use property for $3.125 million

Fairfield, CT Northeast Private Client Group (NEPCG) has completed the sale of a five-unit 6,764 s/f mixed-use property located at 1903 Post Rd. Senior vice president Brad Balletto, vice president of brokerage Robert Paterno, and senior associates Rich Edwards and Jeff Wright represented the seller and procured the buyer in the transaction

Connecticut CCIM Chapter installs 2024 chapter officers and directors

New Haven, CT The CCIM Connecticut Chapter is pleased to announce that Stephanie Coleman, CCIM, of CBRE, has been installed as chapter president for 2024. The chapter also installed the following officers and board of directors:

Cullen of Chozick Realty brokers sale of Sunset Terrace Apartments - $2.1 million

Essex, CT Chozick Realty Inc. has facilitated the sale of the Sunset Terrace Apartments for $2.1 million. Tess Cullen, a real estate professional, served as the sole broker for this transaction. Sunset Terrace Apartments is a property in a prime location consisting of 19 units. The unit mix includes one studio, 14 one-bedroom apartments, and four two-bedroom apartments.

Newmark secures 4,824 s/f lease expansion for Fisher Footwear office

Greenwich, CT Newmark has secured a 4,824 s/f lease expansion for Marc Fisher Footwear at Shelbourne’s 777 West Putnam Ave. The expansion adds to the brand’s 62,077 s/f space at the property, bringing it to nearly 70,000 s/f. Newmark executive vice president and managing director James Ritman and managing director Ben Goldstein

Clarion Partners inks over 64,000 s/f of leases at Merritt 7

Norwalk, CT Clarion Partners, LLC and Marcus Partners completed over 64,000 s/f of newly signed leases at Merritt 7 Park, including Kantar Group, a global data and marketing company, forest industry group Metsa, and Paris-based Ipsos, a leader in market research and consulting