Category: Connecticut

New Haven, CT The CCIM Connecticut Chapter will hold their annual holiday networking banquet and installation on Thursday, November 30, 2023, from 5:30-9:30 pm. Industry and allied professionals are welcome to attend and enjoy an evening of networking with real estate colleagues, associates and future leaders and professionals. The event will take place at Amarante’s Sea Cliff. The chapter will be celebrating the installation of its 2024 officers, including president Stephanie Coleman, CCIM.

Cheshire, CT Vessel Technologies, Inc. has broken ground on its project at 146 Realty Dr., which will bring 70 new attainably-priced homes to the previously vacant location. The housing product innovator is preparing the site for construction of the planned five-story building near Rte. 10. Vessel’s high-performance building system was created as a solution to help communities address critical local housing needs by delivering aspirational homes for the “missing middle,” those who earn far too much to qualify for subsidized housing and far too little to qualify for “luxury” market rate housing.

New Haven, CT Neubert, Pepe & Monteith, P.C. has had ten of the firm’s attorneys selected to the 2023 Connecticut Super Lawyers and Super Lawyers Rising Stars lists. Selected to the 2023 Connecticut Super Lawyers list are: Robert Flynn, business litigation; Kevin Godbout, professional liability: defense; Matthew Horowitz, professional liability: defense; Andrew Lubin, real estate; Michael Neubert, personal injury medical malpractice: defense; and Douglas Skalka, bankruptcy: business.

Norwalk, CT Seligson Properties broke ground on the second phase of the new $50 million healthcare hub to be built at 32 Knight St., allowing Hartford HealthCare to expand access to affordable care in Fairfield County. The adaptive reuse of the one-story commercial building, formerly occupied by home furnishing business Lillian August, at the intersection of US-1 and Knight St. is being redeveloped into a 47,000 s/f medical office building.

Clinton, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions. ichetelli represented the seller, Liberato Pelosi, in the sale of 120 E. Main St.; a 3,800 s/f multi-tenant mixed-use investment property on .31 acres for $575,000. The buyer, Matt Hikmet Sahintepe, was represented by Jacqueline Hoyt of Coldwell Banker Realty. The seller’s attorney was Norman Fishbein.

Old Saybrook, CT Horvath & Tremblay has completed the sale of two retail properties for a total of $7.3 million. Matt Nadler, Jack Laurendeau, and Rob DiFranco of Horvath & Tremblay have completed the sale of the Agway and Dunkin’. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.9 million.

Montville, CT Oxoboxo Lofts, a new community located in the Uncasville area and bordered by the Thames River, has secured all financing and approvals to close on the project. The 72-home property will feature affordable, workforce, and market-rate housing with a mix of income restrictions including 25%, 50% and 60% of the Area Median Income. Local residents who qualify will be eligible to participate in a lottery drawing. Dakota Partners closed the sale.

Stamford, CT Cushman & Wakefield (C&W) served as the exclusive advisor to the ownership group in the procurement of a combined $223.869 million for the refinancing of the Harbor Point portfolio, a four-building, 989-unit multifamily portfolio located at 301 Commons Park South, 111 Towne St., 110 Towne St. and 120 Towne St. The Freddie Mac financing was provided by Greystone.

Branford, CT Beverly Willis FAIA, born February 17, 1928, an American architect who played a major role in the development of many architectural concepts and practices that influenced the design of cities and buildings, died Sunday morning Oct. 1st, due to complications of Parkinson’s disease.

Southbury, CT The land parcel at the corner of I-84 and Rte. 67 consisting of 7.5 acres has been sold by Arnold Peck of Arnold Peck’s Commercial World for $700,000. This land had been for sale for years and it was a challenge to locate the right developer and use for the land sitting at the four-way interchange of Fairfield, Hartford, New Haven, and SMSA.

Stamford, CT A class A trophy property located at 680 Washington Blvd., part of the Stamford Towers complex that CBRE serves as exclusive leasing and managing agent, was recognized with the Southern CT Building Owners and Managers Association’s (BOMA) coveted Outstanding Building of the Year (TOBY) award at an Awards Dinner & Casino Night gala held on October 5 at the Wee Burn Beach Club in Norwalk.

Enfield, CT Winstanley Enterprises LLC has acquired 135-acre parcel known as Metro Park North located at 1679 King St. The shovel-ready parcel, situated at the intersection of Rte. 5 and Corporate Rd., has received all necessary state and local approvals to support development. Terms of the deal were not disclosed.   Winstanley Enterprises is confident that as the warehouse and distribution sector continues to thrive, businesses looking to quickly fulfill their distribution needs in the marketplace and to expand or establish their presence will be attracted to this shovel-ready site.