Category: Connecticut

East Hartford, CT The CCIM Connecticut Chapter will hold a CI 102 Course, “Market Analysis for Commercial Investment Real Estate,” on September 11-14 at Goodwin University. The course will be taught by Connecticut chapter past president and CCIM 2022 Instructor of the Year Stanley Gniazdowski, CCIM, CRE. 

Stamford, CT The Ashforth Company unveiled a living wall installed at its headquarters located at their owned property, 707 Summer St. This feature aims to enhance the building’s main lobby space and provide environmental, health, and wellness benefits to the tenants, employees, and visitors. 

Hartford, CT On July 1st, the Professional Women in Construction Connecticut Chapter (PWC CT) welcomed their new board for the 2023-2024 program year. Board officers and directors are elected by the PWC CT Chapter members. Dawn Meeker stepped into the role of chapter president. Meeker is a CPA and partner at Marcum LLP. She has over 30 years’ experience in accounting in the AEC industry.

Hartford, CT The Connecticut/ Western Massachusetts chapter of SIOR released the results of its semi-annual membership survey of commercial real estate market conditions. The survey is based on market activity for the period January 2023 through June 2023 within Connecticut and western Massachusetts. 

Norwalk, CT Clarion Partners LLC and Marcus Partners announced the signing of three new tenants at Merritt 7 Park, including customer engagement and marketing firm Terenity Inc. relocating

Stamford, CT City officials, business leaders and other dignitaries formally marked the arrival of The Hazel Stamford, a new luxury rental building in the city’s Harbor Point neighborhood developed by Fields Grade Development and Alpine Residential. Mayor Caroline Simmons recently joined development principals from Fields Grade and Alpine Residential for the ceremony which took place on the seven-story building’s outdoor landscaped deck.

North Haven, CT Frank Hird of O,R&L Commercial has completed two land sales on Washington Ave. 405 Washington Ave. consists of 3.3 acres and 417-425 Washington Ave. consists of 9.1 acres. The properties are directly adjacent to the new Amazon fulfillment center that was built in 2019 on a 168-acre site and are in close proximity to many national auto dealerships and retail establishments including Big Y supermarket.

Windsor, CT Cushman & Wakefield has arranged the sale of 175 Addison, a 605,502 s/f industrial/research and development and office asset. The final sale price was $9 million. Cushman & Wakefield’s Matt Torrance, Joel Grieco, Damon Bowers, Al Mirin, Kate Schwartz, Sean Duffy and Timothy D’Addabbo represented the sellers in the transaction and also procured the buyer

Enfield, CT ARCO National Construction (ARCO) partnered with Winstanley Enterprises to complete a 501,500 s/f cold storage facility for end-users Agri-Mark and Eppendorf. Agri-Mark, a premier dairy farmer cooperative in the Northeast, occupies 260,500 s/f of the facility, with the remaining portion occupied by Eppendorf

Berlin, CT Alta Construction Equipment New England, LLC has leased 13,592 s/f in two buildings on approximately 4.3 acres at 1897 Berlin Tpke. for 10 years from landlord 1897 Berlin Turnpike, LLC for $2,208,900. Alta began in 1984 with a single location in Detroit. Since then, Alta has grown to 62 locations throughout the Midwest, Northeast, and Florida.

New Britain, CT Marcus & Millichap completed the sale of The Bleu, a 63-unit multifamily property in New Britain and 11 Forest St., a 16-unit 15,312 s/f apartment property in Stamford. “New Britain continues to be an excellent alternative to the more affluent surrounding municipalities,” said Eric Pentore, senior vice president investments.

Hamden, CT Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, has completed the sale of the following properties: • 2524 & 2536 Dixwell Ave., a 1,900 s/f commercial building set on .64 acres in Hamden, was sold on July 6th at $450,000 with Press representing the ownership/seller, TCE Holdings, LLC. The buyer, 2524 Dixwell, LLC, was represented by Renee Stevens.