While employees continue to embrace the benefits of remote work, commercial property owners face the challenge of continued vacancy rates. As leases expire and businesses reduce space to account for full or partial remote work, commercial property owners need to reassess their holdings.
New Britain, CT GreyHill Group, a rapidly growing, commercial real estate investment company headquartered in New York, has completed the acquisition of The Bleu, a 63-unit, multifamily property located at 1300 and 1412 East St. The transaction marks a significant addition to GreyHill's diverse portfolio. GreyHill Group acquired The Bleu at a purchase price of $7.5 million
Danbury, CT Macerich, a leading owner, operator and developer of top retail and mixed-use destinations across major U.S. markets, has achieved the successful certification of 11 retail assets under BREEAM’s In-Use certification standard. This achievement exemplifies Macerich’s commitment
Bridgeport, CT Northeast Private Client Group (NEPCG) has negotiated the sale of Rhodium Portfolio. Senior vice president investments Brad Balletto represented the seller and procured the buyer for a multifamily investment property.
New Haven, CT The New Have Middlesex Association of Realtors held their annual commercial division award dinner. Stephen Press, SIOR, co-principal of Press/Cuozzo Realtors, was presented with two awards. The 2023 Deal of the Year
Essex, CT Tim Furgueson, Kevin Nolan, and Michael LaRiviere of Essex Financial have been selected to the 2023 Forbes Best-in-State Wealth Advisors list, which honors top performing wealth management and financial planning advisors in each state. This is the third consecutive year that Furgueson has been
Cromwell, CT On June 1
st, the Connecticut CCIM Chapter welcomes CCIM Institute chief economist KC Conway, CCIM, CRE, MAI as the keynote speaker of its mid-year economic symposium taking place at TPC River Highlands.
New Haven, CT Carl Russell senior commercial broker of Pearce Real Estate has added to his extensive list of professional awards and accomplishments. Russell received the New Haven Middlesex Realtors Commercial Investment Division (CID) 2022 Deal of the Year Award Spirit of CID Award Retail Sale,
Orange, CT Michael Richetelli, president/designated broker, represented the landlord, Crossroads Associates, LLC, in the leasing of 2,100 s/f of office/retail space located at 263 Boston Post Rd. for a seven year lease term.
Hartford, CT Hillside Ventures, University of Connecticut’s (UConn.) early-stage venture fund committed to investing in sustainable technology, has completed a minority investment in Enviro Power, an advanced climate technology company committed to transforming
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