Union Savings Bank makes executive management changes and adds Downey to wealth management team

Danbury, CT Cynthia Merkle of Union Savings Bank board of trustees is retiring as CEO of the community bank. Current president Chelen Reyes has been elected to serve as both president and CEO. Kimberly Downey has also joined the bank’s wealth management team as vice president, trust officer and fiduciary advisor.

CCIM CT to hold CI 102 course September 11-14th

East Hartford, CT The CCIM Connecticut Chapter will hold a CI 102 Course, “Market Analysis for Commercial Investment Real Estate,” on September 11-14 at Goodwin University. The course will be taught by Connecticut chapter past president and CCIM 2022 Instructor of the Year Stanley Gniazdowski, CCIM, CRE. 

The Ashforth Company unveils living wall installation designed by Plants a la carte

Stamford, CT The Ashforth Company unveiled a living wall installed at its headquarters located at their owned property, 707 Summer St. This feature aims to enhance the building’s main lobby space and provide environmental, health, and wellness benefits to the tenants, employees, and visitors. 

PWC Connecticut appoints 2023-2024 board of directors

Hartford, CT On July 1^st, the Professional Women in Construction Connecticut Chapter (PWC CT) welcomed their new board for the 2023-2024 program year. Board officers and directors are elected by the PWC CT Chapter members. Dawn Meeker stepped into the role of chapter president. Meeker is a CPA and partner at Marcum LLP. She has over 30 years’ experience in accounting in the AEC industry.

SIOR Chapter market survey

Hartford, CT The Connecticut/ Western Massachusetts chapter of SIOR released the results of its semi-annual membership survey of commercial real estate market conditions. The survey is based on market activity for the period January 2023 through June 2023 within Connecticut and western Massachusetts. 

Tenerity Inc. relocating to Clarion Partners’ Merritt 7

Norwalk, CT Clarion Partners LLC and Marcus Partners announced the signing of three new tenants at Merritt 7 Park, including customer engagement and marketing firm Terenity Inc. relocating

Fields Grade and Alpine Residential complete development of The Hazel Stamford

Stamford, CT City officials, business leaders and other dignitaries formally marked the arrival of The Hazel Stamford, a new luxury rental building in the city’s Harbor Point neighborhood developed by Fields Grade Development and Alpine Residential. Mayor Caroline Simmons recently joined development principals from Fields Grade and Alpine Residential for the ceremony which took place on the seven-story building’s outdoor landscaped deck.

Hird of O,R&L completes two land sales totaling $6 million on Washington Avenue

North Haven, CT Frank Hird of O,R&L Commercial has completed two land sales on Washington Ave. 405 Washington Ave. consists of 3.3 acres and 417-425 Washington Ave. consists of 9.1 acres. The properties are directly adjacent to the new Amazon fulfillment center that was built in 2019 on a 168-acre site and are in close proximity to many national auto dealerships and retail establishments including Big Y supermarket.

Cushman & Wakefield arranges $9 million sale
of 605,502 s/f asset

Windsor, CT Cushman & Wakefield has arranged the sale of 175 Addison, a 605,502 s/f industrial/research and development and office asset. The final sale price was $9 million. Cushman & Wakefield’s Matt Torrance, Joel Grieco, Damon Bowers, Al Mirin, Kate Schwartz, Sean Duffy and Timothy D’Addabbo represented the sellers in the transaction and also procured the buyer

ARCO partners with Winstanley Enterprise to
complete 501,500 s/f cold storage facility

Enfield, CT ARCO National Construction (ARCO) partnered with Winstanley Enterprises to complete a 501,500 s/f cold storage facility for end-users Agri-Mark and Eppendorf. Agri-Mark, a premier dairy farmer cooperative in the Northeast, occupies 260,500 s/f of the facility, with the remaining portion occupied by Eppendorf