Connecticut

Balletto and Perun of Northeast Private Client Group
sell SilverBrick Place for $11.95 million - located in East Hartford, CT

East Hartford, CT Northeast Private Client Group (NEPCG) has negotiated the sale of SilverBrick Place. Senior vice president investments Brad Balletto and senior associate Taylor Perun represented the seller and procured the buyer for the multifamily transaction.

CBRE negotiates $16.5 million sale of 33 Riverside Ave. to The Feil Organization - a class A office building totaling 42,432 s/f

Westport, CT CBRE brokered the $16.5 million sale of 33 Riverside Ave., a class A office building totaling 42,432 s/f. The team of Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, and Travis Langer of CBRE’s Institutional Properties Group represented the seller, Abbey Road Riverside LLC,

Two Pickard Chilton projects honored for sustainable design by AIA Connecticut’s 2022 Sustainable Architecture awards

New Haven, CT According to Pickard Chilton two of its projects, Akamai Technologies’ Global Headquarters in Cambridge, Mass., and the design concept for Uber Sky Loft were recognized by AIA Connecticut’s 2022 Sustainable Architecture awards.

Pajolek and Burns of CBRE lease 10,000 s/f at 383 Main Ave. to Evolve BioSystems

Norwalk, CT CBRE has been appointed the exclusive office leasing agent at 383 Main Ave., and subsequently secured a new lease at the class A office complex. Evolve BioSystems committed to 10,000 s/f of office space at the 262,500 s/f property owned by GLIC Real Estate Holdings, LLC.

Connecticut/Western Massachusetts chapter of SIOR market survey

Avon, CT The Connecticut/Western Massachusetts chapter of SIOR announced 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 2022 through June 2022 within Connecticut and western Massachusetts.

CCIM Conn. Chapter to hold CI101 Course Sept. 26-29 at Goodwin Univ.

East Hartford, CT The CCIM Connecticut Chapter will hold a CI101 Course, “Financial Analysis for Commercial Investment Real Estate”, September 26-29 at Goodwin University. The course will be taught by Connecticut chapter member and 2022 CCIM Instructor of the Year Stanley Gniazdowski, CCIM, CRE.

CCIM Conn. Chapter and CREW Conn. Chapter hold summer social behind the scenes tour of LAZ HQ

Hartford, CT The CCIM Connecticut Chapter and CREW Connecticut Chapter held a joint networking and behind the scenes tour at LAZ Parking headquarters at the Gold Building. The event brought together over 75 chapter members, guests and sponsors to network, share their deals, and tour this unique office space.

Pearce Real Estate selected for 2022 Best of Hamden in Real Estate Agency category

North Haven, CT Pearce Real Estate has been selected for the 2022 Best of Hamden Award in the Real Estate Agency category by the Hamden Award Program. Each year, the Hamden Award Program identifies companies that they believe have achieved marketing success in their local community and business category.

Builder uses short-term Worth Avenue Capital loan to complete “spec” homes

Greenwich, CT Worth Avenue Capital, LLC (WAC) closed a $350,000 short-term bridge loan to a builder of high end “spec” homes. The loan proceeds will be used to assist with the completion of one of three separate “spec” homes that the builder currently has under construction. The loan is secured by a blanket junior mortgage on all three

Kornreich of Angel Commercial brokers $2.5 million sale of 10,871 s/f

Wilton, CT Angel Commercial, LLC said that Greenwich Realty Development, LLC has purchased a 10,871 s/f office condominium building on .625 acres at 12 Godfrey Pl. for $2.5 million for a new residential apartment development.