Farmington, CT JLL Capital Markets has arranged financing for the acquisition of 175 Scott Swamp Rd., a three-story office building totaling 100,539 s/f. JLL worked on behalf of the borrower, Northpath Investments, to secure the five-year, non-recourse, acquisition loan through bank ESB.
Milford, CT Pearce Real Estate senior commercial specialist John Bergin has sold the property at 101 Gulf St.
Simsbury, CT A new heating system that also generates free electricity has been installed at the new Simsbury Center Apartments at 969 Hopmeadow St., the first apartment building to tap the energy-saving technology. Enviro Power, Inc.’s SmartWatt Boiler is an innovative drop-in replacement for conventional heating systems, the first and only boiler designed to convert heat that would otherwise be lost in traditional boilers into useful electricity.
Bridgeport, CT Viking Construction has been named an Accredited Quality Contractor by Associated Builders and Contractors, the second year it has earned the credential for its commitment to corporate responsibility. Only 450 of the nation’s merit shop construction contractors earned the credential in 2022.
Norwalk, CT Shawmut Design and Construction celebrated the ribbon cutting and grand opening of the new world headquarters for HMTX Industries. The four-story, 24,000 s/f building, which broke ground in April 2021, is among the greenest in the state.
West Hartford, CT On September 21, GYL Financial Synergies LLC celebrated its official grand re-opening with a ribbon-cutting ceremony at 75 Isham Rd. Mayor Sheri Cantor and GYL CEO and co-founder Gerald Goldberg and president and co-founder Jonathan Yolles cut the ribbon officially welcoming all in attendance to the new office.
Greenwich, CT An investment fund managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (Trinity), has acquired Hyatt Regency Greenwich, a 373-key hotel. The hotel, which is the largest and only branded full-service hotel in Greenwich, is situated in an area that benefits from numerous demand generators.
Norwich, CT Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, brokered the sale of 208-210 Salem Tpke. to Rick Hansberry of Moove In Self Storage.
Essex, CT The Connecticut/ Western Massachusetts chapter of SIOR held its annual fall meeting at the Essex Yacht Club. Despite the overcast rainy weather, no one’s spirits were dampened given the opportunity to meet at one of the chapter’s favorite venues nestled on the Connecticut River.
Bridgeport, CT Matt Cawley, president of National Multifamily, completed his third investment sale this year totaling 29-units for more than $3.522 million.