Category: Connecticut
National Multifamily brokers
seven-building portfolio for $1.55 million
February 21, 2025
Bridgeport CT National Multifamily brokered the sale of a contiguous seven-building, 16-unit portfolio located on Granfield Ave. and Palisade Ave. to a New York-based investor for $1.55 million. The deal closed on January 10th. Company president Matt Cawley represented the seller and procured the buyer in the off-market transaction.
Saugatuck Commercial Real Estate represents Boot Barn in securing 11,000 s/f third location site
February 21, 2025
Milford, CT Dan Neaton of Saugatuck Commercial Real Estate (SCRE) represented Boot Barn in leasing their third Connecticut location at 1360 Boston Post Rd. The western-wear store plans extensive renovations to the interior of the former 11,000 s/f Rite Aid Pharmacy. Construction is planned to begin in early March with
Newmark secures two office lease relocations totaling 21,457 s/f
February 21, 2025
Stamford, CT Newmark has secured a 10,464 s/f office lease at 2187 Atlantic St. With the transaction, Balysany Asset Management — Dmitry Balysany’s hedge fund — will occupy the class A property’s seventh floor. Newmark executive managing director Cory Gubner and managing director Benjamin Goldstein are the exclusive
Michaud Development Group wins two HOBI Awards for Granite Woods
February 21, 2025
Middlebury, CT Michaud Development Group has been awarded two HOBI Awards by the Home Builders & Remodelers Association (HBRA) of Connecticut for its Granite Woods 55+ community. The new development earned “Best Detached 55+ Community” and “Best Detached 55+ Home” at the 31st Annual HOBI Awards
Institutional Property Advisors closes multifamily asset sale
February 21, 2025
Wilton, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, have sold Avalon Wilton on River Rd., a 102-unit multifamily asset. “Avalon Wilton is an outstanding, 100% market-rate suburban asset within walking distance of Wilton Town Center and the Metro-North Railroad station,
Press|Cuozzo Commercial finalizes $750,000 office building sale
February 21, 2025
Madison, CT Press|Cuozzo Commercial Services agent Renee Stevens has finalized the sale of 86 Bradley Rd. The 2,852 s/f office building, set on .23 acres, was well maintained, with off-street parking and located across from the Shoreline East train station.
Connecticut CCIM Chapter hosts successful 2025 ‘What’s Next in CRE’ market forecast webinar
February 21, 2025
Hartford, CT The Connecticut CCIM Chapter recently hosted its annual What’s Next in CRE market forecast webinar on January 23, 2025, featuring an insightful presentation by Mike Goman of Goman + York. The event provided a comprehensive outlook on the key trends and challenges shaping the commercial real estate landscape for 2025
Berkowitz of O,R&L Commercial sells office building for $662,000
January 24, 2025
West Hartford, CT Mark Berkowitz of O,R&L Commercial, LLC brokered the sale of 8 Lowell Rd. for $662,000. The 3,552 s/f office building is three stories on 0.32 acres. Berkowitz, from O,R&L represented the seller, Lowell Road Associates, LLC and the buyer, SSW Real Estate LLC d/b/a Stepping Stone
Institutional Property Advisors completes
sale of 175-unit multifamily
January 24, 2025
West Haven, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, have sold Orange Gardens, a 175-unit multifamily property. “This 100% market-rate apartment property has a history of strong occupancy and new ownership is in position to drive revenue growth through
Godin Property Brokers arrange sale of 42,000 s/f industrial warehouse
January 24, 2025
Watertown, CT Ed Godin Jr., SIOR, of Godin Property Brokers in Middlebury represented the buyer in the $2.645 million sale of a 42,000 s/f industrial warehouse/manufacturing facility at 1012 Buckingham St. The property, located in the Watertown Industrial area, consists of six acres.
Newmark arranges 10,573 s/f lease
for Guggenheim Partners
January 24, 2025
Stamford, CT Newmark has arranged a 10,573 s/f lease for Guggenheim Partners at First Stamford Pl., a class A office campus. The transaction marks the company’s expansion and relocation of its office in Darien, Conn. Newmark executive vice president and managing director James Ritman
Brown Harris Stevens and local Conn. organizations support families in need
January 24, 2025
Fairfield County, CT Brown Harris Stevens Connecticut has partnered with the New Canaan Chamber of Commerce “Gingerbread House Tour” and non-profit Person-To-Person Food Drive to help Fairfield County children and families in need this holiday season and throughout the year.
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