Connecticut

Worth Avenue Capital arranges $130,000 loan

New Haven, CT Worth Avenue Capital, LLC closed a $130,000 commercial loan to a small market/restaurant. The borrower is using the loan proceeds for working capital purposes and the loan is secured by a first mortgage on a commercial building that is situated in a historic downtown

Webinar series on energy storage solutions

Hartford, CT Clean Energy Group (CEG) and the Conn. Green Bank are hosting a webinar series on Conn.’s new Energy Storage Solutions Program, launched by Conn.’s Public Utilities Regulatory Authority (PURA) in January. The program is a nation-leading, nine-year effort to

Vitti of Colonial Properties represents MNBD in lease of 22,000 s/f warehouse/storage facility

Milford, CT Tony Vitti of Colonial Properties represented the landlord, MNBD LLC, in the leasing of 22,000 s/f of warehouse space plus yard and covered outside storage, located at 252-262 Depot Rd. for a five year term.

Neaton of Saugatuck Commercial Real Estate completes leasing of 24,000 s/f shopping center

Stamford, CT Saugatuck Commercial Real Estate (SCRE) has completed leasing the 24,000 s/f neighborhood shopping center at 800-816 East Main St. The center had undergone extensive renovations in 2017 and remained vacant for several years. Dan Neaton of SCRE was responsible for leasing

Upcoming Conn. CCIM chapter events - members and non-members welcome

Hartford, CT March 30: Deals & Drinks: Share listings and client needs and build your network and connect in a fun, informal setting at 4 pm at Republic at The Linden, Hartford.

Conn. CCIM chapter deal of the month: March 2022 - Lyman Real Estate sells 5 Wisconsin Ave.

Norwich, CT The Connecticut CCIM Chapter said that Ron Lyman, CCIM of Lyman Real Estate represented the seller of 5 Wisconsin Ave., the former home of Nutron Manufacturing and the original headquarters for Cuisinart. The property closed for $6.8 million on February 24

Wettenstein of Vidal/Wettenstein honored with 2021 Power Broker Award

Westport, CT Bruce Wettenstein of Vidal/Wettenstein LLC has received the 2021 Power Broker Award. This honor is awarded to those based on their overall volume of transactions as compared to other brokers in the market.  Wettenstein’s career spans over 45 years,

Pocock joins Edgehill Team at Pearce Real Estate

New Haven, CT Isabel Pocock has joined the local office as a member of the Edgehill Team at Pearce Real Estate. Pocock is a life-long Connecticut resident, having lived in both Guilford and North Haven. She graduated from Southern Connecticut State

Wilks of O,R&L Commercial brokers office/industrial buildings sale for $610,000

Hartford, CT Thomas Wilks of O,R&L Commercial, LLC brokered the sale of two buildings equaling 18,756 s/f of industrial/office space on 2.428 acres located at 455 Ledyard St. and 480 Ledyard St.

Morris, Stewart, and Villamagna of Cronheim Mortgage finance 23 lofts

New Haven, CT Cronheim Mortgage arranged 10-year financing with three years of interest only for 23 luxury lofts located at 250 Green St.