Category: Connecticut
WAC closes $100,000 commercial loan
June 21, 2024
Hamden, CT Worth Avenue Capital, LLC (WAC) has closed a $100,000 commercial loan for a Connecticut based real estate investor. The loan proceeds will be used for debt restructuring purposes and the loan is secured by a blanket second mortgage on a multi-family income producing investment property
CT CCIM awards Kazantzis CCIM Designation
June 21, 2024
Brooklyn, CT The CCIM Connecticut Chapter is pleased to announce that Andrea Kazantzis of Kazantzis Real Estate in Brooklyn, Conn., was awarded the Certified Commercial Investment Member (CCIM) Designation by the CCIM Institute,
Richetelli and Bellard of Colonial Properties brokers two sales - $1.83m
June 21, 2024
Milford, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions: Richetelli represented the seller, The Milford Bank in the sale of 295 Boston Post Rd., a 5,147 s/f freestanding commercial building
Angel Commercial closes $1.575m sale of 20,120 s/f industrial property
May 17, 2024
Milford, CT Angel Commercial, LLC, a leader in commercial real estate services, has closed on an industrial property located at 435 Woodmont Rd. The property was acquired by Team Woody LLC for a purchase price of $1.575 million, with Jon Angel, president of Angel Commercial, LLC
Brimberg of O,R&L Commercial sells
office building for $900,000
May 17, 2024
Cheshire, CT O,R&L Commercial facilitated an office building sale located at 219 South Main St. This professional office building consisted of 3,955 s/f and was located in the center of Cheshire at the corner of South Main St. (Rte. 10) and Cornwall Ave. The building situated on 1.2 acres
Groton Board of Education achieves
solar installation at two schools
May 17, 2024
Groton, CT The Town of Groton Board of Education has completed the installation of solar photovoltaic (PV) systems on two schools, Groton Middle School and Mystic River Magnet. These systems are estimated to save the district more than $40,000 annually in energy costs and more than $800,000
Marcus & Millichap facilitates $16.708m sale
of Newington Commons - 189,864 s/f
May 17, 2024
Newington, CT Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, have sold Newington Commons, a 189,864 s/f retail center for $16,707,617. “The challenge in selling Newington Commons was finding a buyer comfortable with solving the complex short-term leases
Crane joins Pearce Real Estate’s Edgehill team
May 17, 2024
North Haven, CT Nanette Pastore, president of Pearce Real Estate, hasadded Nicole Crane to its group of agents in the company’s New Haven office, as a member of the Edgehill team. With her extensive experience, diverse skill set, and strong community involvement, Crane brings a fresh perspective
Press/Cuozzo hosts the Greater New Haven/Middlesex Association of Realtors CID monthly meeting
May 17, 2024
Cheshire, CT “I was honored to host the March Greater New Haven/Middlesex Association of Realtors Commercial Investment Division monthly meeting” said Stephen Press, SIOR. The meeting was held at the 6,000 s/f former dental suite at 415 Highland Ave., featuring high end build-out and great parking.
Northeast Private Client Group brokers multifamily investment prop. sale - $3.5m
May 17, 2024
Norwalk, CT Northeast Private Client Group (NEPCG) has arranged the sale of 18 Fairfield Ave., a multifamily investment property, for $3.5 million. Senior associates Jeff Wright and Rich Edwards and associate Derek Mahabir represented the seller and procured the buyer.
Klemm Real Estate completes sale of Sondheim house at $3.25m
May 17, 2024
Roxbury, CT Klemm Real Estate sold composer and lyricist Stephen Sondheim’s home for $3.25. Klemm was able to procure a buyer within 12 days of listing the property. Sondheim’s profound influence on the world of Broadway and musical theater is immeasurable. His legacy endures in the scores of timeless classics he composed.
Reno Properties Group to represent O’Neil Cinemas in CT expansion
May 17, 2024
Newington, CT Reno Properties Group has decided to represent O’Neil Cinemas, a Massachusetts-based movie theater company, as they embark on an expansive journey throughout the greater New England markets. Currently, O’Neil Cinemas occupies two locations in Epping, New Hampshire and Littleton, Massachusetts.
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