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Lyman of Lyman Real Estate handles two leases and three land sales

Willimantic, CT Two retail locations have new tenants at 1548 West Main St., according to Ron Lyman, CCIM, CEO of Lyman Real Estate. Fine Fettle Dispensary (FFD) for medical marijuana leased 3,500 s/f and The Next Street driving school took a 1,350 s/f.

It’s a jungle out there: Animals convince humans to buy stuff - by Stanley Hurwitz

Archaeologists in ancient Rome found mosaic signs with the latin warning “cave canem” – “beware the dog.” Animals have been used forever as spokespersons to get attention and quickly convey unmistakable messages.

McDonnell and Grundy of Avison Young handles sale of 16,000 s/f building

New Haven, CT According to Sean Cahill, principal and managing director of Avison Young’s Fairfield/Westchester office, the company completed the sale of 1423 Chapel St. Principal Sean McDonnell and senior associate Christopher Grundy led the Avison Young team

Cornerstone Realty Capital arranges $5.7 million in financing for Briggs Mill

Amesbury, MA Cornerstone Realty Capital arranged $5.7 million in financing for the acquisition of the Briggs Mill apartment complex. Briggs Mill, which was converted in 2014 from a former mill building, contains 44 apartments, comprised of 18 studio units, 14 one-bedroom, one-bathroom units and 12 two-bedroom, one-bathroom units.

Winkeller steps down as executive director at Caritas

Braintree, MA After 22 years as executive director at Caritas Communities, Dr. Mark Winkeller will step down from overall management of the organization in order to focus his passion and unique expertise as the director of acquisitions. Winkeller is looking forward to putting his energy into the continued expansion the organization’s portfolio.

NAI Norwood and Stubblebine arrange sale of self storage facility

Methuen, MA NAI Norwood Group completed the sale of 172,000 s/f of self-storage flex space located at 145 Milk St., to Amerco at an undisclosed price. Joseph  Mendola of NAI Norwood Group and David and James Stubblebine of The Stubblebine Co.

Featured Property of the Month: Simone well-positioned to meet growing demand for warehouse space with acquisition of 316 Courtland Ave.

Stamford, CT Driven by the explosion in e-commerce, the market for industrial warehouse space has emerged as today’s hottest sector in commercial real estate with demand outstripping supply. As more consumers shop online, retail companies are requiring additional space for distribution centers.

Residential Security Deposit Law primer for R.E. developers Part 2 - by Nelson Santos

By breaking down the Security Deposit Law into a checklist format, the landlord can use it for its actual purpose and benefit, rather than falling afoul of the Security Deposit Law and having tenants use it to gain monetary damages.

Hird of O,R&L Commercial brokers $640,000 building sale

New Haven, CT O,R&L Commercial, LLC sold the 48,971 s/f manufacturing/warehouse building located at 166 & 128 Chapel St. The property of 2.71 acres covers most of a full city block and is located in the new “Opportunity Zone” section of the city

Acentech hires Briskie and Croteau and promotes five

Cambridge, MA According to Acentech, they have completed two new hires and several recent promotions within its headquarters. The new hires include: • Jack Briskie, consultant - Briskie joined Acentech’s noise and vibration group.