Category: Connecticut
Wettenstein of Vidal/Wettenstein brokers $2.6m sale - via 1031 Exchange
January 18, 2019
Fairfield, CT The multi-tenanted office building at 95 Reef Rd., has been sold to 1222 Wisconsin Ave. LLC, an investor,which purchased the property via a 1031 exchange sale. The 7,326 s/f building is located close to Metro-North
McConaghy to lead Consigli Construction’s growth in Connecticut and S. New England
January 18, 2019
Hartford, CT According to Consigli Construction, Co., Inc., Dan McConaghy has joined the company as its district area manager for Southern New England. In this role, he will oversee Consigli’s Connecticut office operations and expand its regional business growth.
Ceruzzi and KABR Group develop 181,000 s/f property in Stamford
January 18, 2019
Stamford, CT Ceruzzi Holdings LLC has begun the development of a new residential building at 66 Summer St. Built in 2015, the 15-story property was purchased by KC Summer Street Owner LLC, a joint venture between Ceruzzi and KABR Group
WAC Stormfield closes $1.475 million loan
January 18, 2019
Hartford, CT WAC Stormfield, LLC closed a $1.475 million loan to a CT-based real estate developer and investor. The loan proceeds were used by the borrower to invest in a real estate project in New Jersey and the loan
Weirsman of Colonial Properties brokers 32,000 s/f warehouse lease
December 21, 2018
West Haven, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the company has completed the following transaction: Kevin Weirsman, vice president, represented the landlord, 420 Frontage Road LLC, in the leasing of 32,000 s/f at 420 Frontage Rd.
Plans look to revitalize Derby - The team hires QA+M Architecture for architectural design services
December 21, 2018
Derby, CT Plans are moving forward in town with a proposal that would bring new life into the south side of the downtown area. During the Planning and Zoning Commission’s October 18th meeting, the commission unanimously approved making the south side of Main St.
Institutional Property Advisors sells 164-unit Avon Place Apartments for $24 million - handled by No...
December 21, 2018
Avon, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of 164-unit Avon Place Apartments, part of 188-unit Avon Place Condominiums. The apartments sold for $24 million.
Bowden of the R. Calabrese Agency handles $1.3 million sale and 12,000 s/f in leases
December 21, 2018
Waterbury, CT Bob Bowden of the R. Calabrese Agency has completed the sale of a property located at 137 Mattatuck Heights, formerly occupied by Wanho Manufacturing. The 45,000 s/f masonry and steel building on 6.8 acres was constructed in 1980 and expanded in 1990.
The Geenty Group completed three office leases totaling 31,868 s/f
December 21, 2018
Madison, CT The Geenty Group, Realtors, completed three leases totaling 31,868 s/f. The leases include the following: Kristin Geenty, SIOR, president of The Geenty Group, completed the lease of 1,100 s/f of office space at 38 Academy St.
Wettenstein of Vidal/Wettenstein handles sale of the Lipnick Plumbing Supply property in Bridgeport
December 21, 2018
Bridgeport, CT The Lipnick Plumbing Supply property and the adjacent 8-unit apartment property located at 2016-2022 Main St. has been sold to an investment group which also owns and manages over 200 apartments in the area. The plumbing supply company had been at the location since 1943
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