The Fairfield County office market continued to have more office space available than absorbed in Q1 2020 while the Greenwich market improved. However, the picture is rapidly changing, especiallyTorrington, CT
Ed Godin Jr. SIOR of Godin Property Brokers represented all parties in the $1.95 million sale of a 55,700 s/f industrial facility on 8.3 acres at 349 Ella Grasso Dr.New Milford, CT
Forest Park Properties has closed the sale of 223 Kent Rd. for $2.65 million. The seller of the property was 223 Kent Road LLC, and the buyer was Summit Stor-All LLC.Willimantic, CT
Community Health Resources (CHR) has leased an 11,060 s/f building at Tyler Square, 1310 Main St. Ron Lyman, CCIM, CEO of Lyman Real Estate, represented lessor Norwich Realty, Inc., of Westbrook.Trumbull, CT
CRE Collaborative is launching an initiative to help commercial real estate associations empower members to evolve their CRE technology capabilities, to close transactions and thrive during these difficult times.
West Hartford, CT
Sandy Strickling and Anne-Marie Dube of Sky Realty Group of Broder Commercial brokers the sale of Clarendon Apartments, 39 apartment units, located n ¾ of a mile to West Hartford Center and Blue Back Sq.Shelton, CT
Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $10.2 million construction loan to build a mixed-use projectHartford, CT
ABS Altman Warwick, a NYC-based capital market advisory firm and division of ABS Partners Real Estate, has closed a $15.25 million permanent loan secured by the 309,800 s/f Walmart-anchored shopping center. Danbury, CT
Nonprofit organizations throughout Connecticut who have been hard hit due to the outbreak of COVID-19 (Coronavirus) can benefit from the recently-enacted CARES (Coronavirus Aid, Relief and Economic Security) ActWallingford, CT
Lendlease, a leading international property and infrastructure group, has completed the sale of the 16-megawatt renewable energy solar project to a subsidiary of NextEra Energy Resources.