East Haven, CT Jon Angel, president of Angel Commercial, LLC, has brokered a lease for the entire 14,000 s/f industrial building at 167 Commerce St. to Murphy Distributors. Murphy Distributors, a Connecticut wholesaler of fine wine, craft beer, and artisan spirits, will occupy the standalone facility as it continues to expand its statewide operations.
Middletown, CT Tim Hines of Horvath & Tremblay has arranged the sale of a 14-unit mixed-use property. Hines exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.95 million.
Hamden, CT The mixed-use building at 2581 State St. has been sold to an owner-user. There are two existing buildings on one lot of 0.42 acres. One building is an auto repair shop which is 1,570 s/f, and the other is a 1,242 s/f single-family home.
Cromwell, CT The Connecticut Chapter of the CCIM Institute hosted its Mid-Year Symposium, “AI Impact on Commercial Real Estate Analytics.” The event was held on June 5 at TPC River Highlands. The breakfast event featured presentations by Craig Scott, partner at Hinckley Allen and Joe McBride, senior director at Moody’s Analytics.
Stamford, CT Choyce Peterson, Inc. has concluded lease negotiations on behalf of JANUS Associates, Inc. (JANUS), for their new 4,076 s/f headquarters space at 1200 High Ridge Rd. John Hannigan, principal of Choyce Peterson, represented JANUS in the deal.
Norwalk, CT 115 Main St., a mixed-use property has been sold after receiving strong interest and multiple offers from prospective buyers. The property, consisting of nine residential units above four ground-floor retail spaces and totaling 9,768 s/f, was exclusively listed by Choyce Peterson, Inc., a commercial real estate brokerage firm.
Westport, CT Penny Wickey and Laure Aubuchon of Saugatuck Commercial Real Estate (SCRE) exclusively represented ARC, Inc. in leasing two retail spaces at Elm & Main shopping center located at 136 Main St. SCRE represented ARC, Inc. in their purchase of this retail center,
Wethersfield, CT Cronheim Mortgage has arranged a total of $13.75 million in financing for two medical office buildings. Brandon Szwalbenest, Dev Morris, and Andrew Stewart collaborated to secure separate financing for both 1210 and 1260 Silas Deane Hwy. These two buildings constitute part of the larger Wethersfield Campus
Hamden, CT Stephen Press, SIOR, co-principal of Press|Cuozzo Realtors was recognized with top honors at the annual awards dinner hosted by the New Haven Middlesex Association of Realtors on Thursday,
Norwalk, CT Angel Commercial, LLC, a full-service commercial real estate firm headquartered in Southport, has completed the sale of 84 West Ave. for $3 million. The transaction was conducted through a sealed bid offering and was exclusively brokered by Jon Angel, president of Angel Commercial, LLC.
Manchester, CT JLL Capital Markets has secured the $12 million sale and acquisition financing for 100 Sanrico Dr., a 190,646 s/f distribution facility. JLL represented the seller, SkyREM, in the sale to B&D Holdings. Sentry Commercial and Silver Edge Real Estate represented the buyer. Working on behalf of the new owner,
Orange, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions: Richetelli represented the landlord, NECY Investments, LLC, in the leasing of a 940 s/f office unit located at 370 Boston Post Rd. to Tilcon Connecticut, Inc. for a oneyear lease term.