Connecticut

Colliers sells 300,000 s/f to Stillman Development International

Bristol, CT 300 Broad St. a 300,000 s/f facility formerly owned by Theis Precision Steel USA Inc. has been sold to a division of Stillman Development International. Nicholas Morizio SIOR, CRE, Keith Kumnick SIOR, and Sean Kumnick of Colliers International represented the seller.

Hale of O,R&L brokers $1.005m sale of 18,756 s/f office building

Wethersfield, CT Andrew Hale of O,R&L Commercial, LLC brokered the sale of 449 Silas Deane Hwy. The 3-story, multi-tenanted 18,756 s/f office building sold for $1.005 million. The building is 67% leased and situated on 1.19 acres.

JLL sells 209-unit Vela on the Park

Stamford, CT JLL Capital Markets closed the sale of Vela on the Park, a 209-unit, high-rise apartment community. JLL represented the seller, a partnership between an affiliate of Trinity Financial, Inc. and Berkshire Residential Investments.

Worth Avenue Capital arranges $500,000 construction loan

Greenwich, CT Worth Avenue Capital, LLC closed a $500,000 construction loan to an existing borrower for the purpose of completing the renovations of a “spec” house in Greenwich, Connecticut.

Wright and Edwards of Northeast Private Client Group handle $1.65 million multifamily sale

Fairfield, CT According to Northeast Private Client Group (NEPCG), the metro north investment sales team completed the sale of 100 Castle Ave. Senior associates Jeff Wright and Rich Edwards represented the seller and procured the buyer

Red Oak Financial arranges $10 million bridge loan for South Campus at Gillette Ridge - a class A multi-tenant office/industrial campus

Bloomfield, CT Red Oak Financial, a Michigan-based commercial real estate finance company, completed a $10 million bridge loan for The South Campus at Gillette Ridge, a class A multi-tenant office/industrial campus in a suburb

Furgueson of Essex Financial honored by Forbes

Essex, CT Financial advisor Tim Furgueson of Essex Financial has been selected to the 2022 Forbes Best-in-State Wealth Advisors list, which honors top performing wealth management and financial planning advisors in each state.

Conn. CCIM chapter to host Mid-Year Symposium May 16

Cromwell, CT The CCIM Connecticut chapter will host their annual Mid-Year Symposium May 16th, at the TPC River Highlands. The event titled: “Connecticut: The State of the State” will focus on the commercial real estate outlook in Connecticut

Over 50 attend Conn. CCIM chapter’s self-storage breakfast panel on April 5

Waterbury, CT The Connecticut CCIM chapter held a self-storage breakfast panel and industry networking event on April 5 at the Country Club of Waterbury. The panel was comprised of leading self-storage experts including Connie Neville,

Atlantic Works at 75 Charter Oak Ave. to be listed for sale - Campus currently serves as office and program space for 25 organizations

Hartford, CT The Corporation for Independent Living (CIL), a nonprofit real estate developer, has announced its intention to sell its property at 75 Charter Oak Avenue in Hartford, Connecticut, known locally as Atlantic Works. Atlantic Works is currently