Category: Connecticut
Houlihan Lawrence releases 2023 Fairfield Commercial Market report
February 16, 2024
Fairfield, CT The Fairfield County commercial market completed 2023 on a generally positive note, according to the Houlihan Lawrence Fairfield Commercial Market report. According to the report, Greenwich retail rental rates ended 2023 at the best levels ever seen in late spring.
Garza and Fugitt of Vidal/Wettenstein
complete $2.3m sale of Palace Theater
February 16, 2024
South Norwalk, CT Silvester Garza and David Fugitt of Vidal/Wettenstein, LLC completed the sale of 13,665 s/f theater space located at 29 North Main St. The property is the former site of the Palace Theater.
Peck of Arnold Peck Realty receives Kapusta Lifetime Achievement Award
February 16, 2024
Stratford, CT Arnold Peck has received the Kapusta Lifetime Achievement Award from the Milford Regional Chamber of Commerce on January 25, 2024. It is part of the Annual Awards Gala held each year. This year was held at the Riverview Bistro, the location of the former Fagan’s Restaurant formerly owned by Peck.
Lawton joins Nuveen Green Capital as head of originations
February 16, 2024
Darien, CT Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions, has added Christopher Lawton, a veteran of commercial real estate finance, to the firm as head of originations. Lawton will play a role in leading NGC’s origination and growth strategies
Greenwich Office Park adds new café in 1,400 s/f space - Food Studio
February 16, 2024
Greenwich, CT Greenwich Office Park has added a new café, Food Studio, as part of their expansion of amenities at the park. Earlier in 2023 a new fitness center opened in 3,500 s/f, featuring 40+ pieces of cardio and strength and conditioning equipment.
Svigals + Partners promotes five
February 16, 2024
New Haven, CT The architecture and art integration firm Svigals + Partners made promotions of five key staff members to associate principal and associate positions. Named to the position of associate principal are Brian Stancavage, AIA, CDT and Cheryl Hart, director of marketing and business development.
WAC closes $350,000 in commercial loans
February 16, 2024
Tolland, CT On January 15, Worth Avenue Capital, LLC (WAC) closed a $200,000 commercial loan for a Connecticut-based business. The loan proceeds will be used for working capital purposes on a short-term basis. The loan is secured by a junior mortgage on an oceanfront luxury condominium
Press/Cuozzo and Coldwell Banker arrange sale of 7,200 s/f facility
February 16, 2024
Hamden, CT Stephen Press, SIOR, of Press/Cuozzo arranged the sale of this free standing, well maintained 7,200 s/f industrial/flex facility. Located at 4 Industrial Circle, in the Hamden Business Park, the building is on .92 acres.
Pearce RE names Borowski #1 agent of 2023
February 16, 2024
Hamden, CT Nanette Pastore, president of Pearce Real Estate, has named Wojtek Borowski, principal of the Edgehill Team in the company’s New Haven office, as Hamden’s number one real estate agent based on total closed volume for 2023 (statistics compiled by Smart MLS).
CCIM CT Chapter offers scholarship towards CCIM designation
February 16, 2024
Guilford, CT The CCIM CT Chapter is accepting applications for the Stan Gniazdowski/Carl Russell Education Scholarship. The scholarship will provide $1,000 towards earning the CCIM designation or full tuition for a core course hosted by the Connecticut chapter in 2024.
CCIM CT Chapter deal of the month
February 16, 2024
Manchester, CT The CT CCIM Chapter recognized the following deal of the month: Frank Amodio, CCIM and Eric Amodio, CCIM of Amodio and Company brokered both sides of the sale of 47.3 acres of developable land located at 1769 Tolland Tpke., straddling the East Hartford border.
Merritt 7 leases over 160,000 s/f in past year, including new tenant Terex Corp.
January 26, 2024
Norwalk, CT According to Clarion Partners, LLC and Marcus Partners, Terex Corporation has signed a long-term lease at Merritt 7. Terex, a global manufacturing company, will be relocating from 45 Glover Ave. to 24,757 s/f in the recently
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