Category: Connecticut

West Hartford, CT Mark Berkowitz of O,R&L Commercial, LLC brokered the sale of 8 Lowell Rd. for $662,000. The 3,552 s/f office building is three stories on 0.32 acres. Berkowitz, from O,R&L represented the seller, Lowell Road Associates, LLC and the buyer, SSW Real Estate LLC d/b/a Stepping Stone

West Haven, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, have sold Orange Gardens, a 175-unit multifamily property. “This 100% market-rate apartment property has a history of strong occupancy and new ownership is in position to drive revenue growth through

Watertown, CT Ed Godin Jr., SIOR, of Godin Property Brokers in Middlebury represented the buyer in the $2.645 million sale of a 42,000 s/f industrial warehouse/manufacturing facility at 1012 Buckingham St. The property, located in the Watertown Industrial area, consists of six acres.

Stamford, CT Newmark has arranged a 10,573 s/f lease for Guggenheim Partners at First Stamford Pl., a class A office campus. The transaction marks the company’s expansion and relocation of its office in Darien, Conn. Newmark executive vice president and managing director James Ritman

Fairfield County, CT Brown Harris Stevens Connecticut has partnered with the New Canaan Chamber of Commerce “Gingerbread House Tour” and non-profit Person-To-Person Food Drive to help Fairfield County children and families in need this holiday season and throughout the year.

Bridgeport, CT National Multifamily brokered the sale of a 116-unit apartment building located at 340 Palisade Ave. to a New York-based investor for $14.1 million ($121,552 per unit). The deal closed on December 12^th. Company president Matt Cawley represented the seller and procured the buyer in the transaction.

Danbury, CT Lucie Voves, chair, Union Savings Bank (USB) board of trustees, has added a new board member. Anthony Rizzo, Jr., CEO of Danbury-based Rizzo Companies, Inc., has been elected to the USB board of trustees. As a USB corporator, he also serves on the Union Savings Bank audit committee, trustee loan committee,

Stamford, CT Robinson+Cole have elected Gregory Bennici, Kyle Hepner, Janet Kljyan, and Danielle Andrews Long as partners, as well as the promotion of Jessica Bardi, Raymond Carta, Audrey Goldman, Kathryn Mullin, and Diana Neeves to counsel, effective January 1, 2025.

Branford, CT Worth Avenue Capital, LLC has closed a $300,000 commercial loan to a small local business. The loan proceeds will be used to restructure some of the company’s debt as well as for working capital purposes and the loan is secured by a junior mortgage on a luxury beachfront condominium in Naples, FL

Norwalk, CT The CT CCIM Chapter announces the following Deal of the Month – Nuvance Health GoHealth Urgent Care opened for business in the Rainbow Plaza shopping center, located at 205 Main St. The 4,125 s/f lease brought the 28,000 s/f center to 100% occupancy. GoHealth is a division of the regional hospital consortium.

Stratford, CT Bad Body Gym presently located in Bridgeport, will be relocating to 300 Avon St. The company will be occupying 3,324 s/f in the multi-tenant building, starting in February. Taivon Jones, owner of the company had outgrown their present location and wanted to offer their clients a more inviting and open facility for training.

North Haven, CT Stephen Press, SIOR, of Press/Cuozzo Realtors has concluded his end of year sale of a 20,000 s/f office property. Well located at 23 Maiden Ln., just off Bdwy., the building offers easy access to high traffic Washington Ave., the Pkwy and I-91.