Category: Connecticut

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. 

Greenwich, CT Greenwich Office Park has debuted a newly renovated fitness center and offered a flu vaccination clinic. Greenwich Office Park renovated its tenant fitness center to suit contemporary preferences in exercise gear and fitness technology. The relocated 3,500 s/f facility offers tenants new Star Trac treadmills, stationary bicycles, Hoist jungle stations, Cybex press machines, and a wide selection of dumbbells, barbells and kettle balls.

Bethel, CT Saugatuck Commercial Real Estate (SCRE) has completed the following transactions:  • Dan Neaton of SCRE represented the seller of 11 Durant Ave. in Bethel in the $6 million sale of the 71,000 s/f fully leased, industrial property.

Westbrook, CT Lumber 2 Leather, a baseball and softball training company, purchased the industrial building at 119 Spencer Plains Rd. Lyman Real Estate Brokerage & Development sales agent and development associate Sam Lyman represented the seller, OSCT, LLC. Will Braun of O,R&L Commercial represented the buyer. The building is located just off I-95, Exit 66. Sale price was $1 million.

Stamford, CT Life Time, a premier healthy lifestyle brand, opened the first Life Time in the state with a nearly 52,000 s/f athletic country club and 10,000 s/f rooftop beach resort. Simultaneously, Life Time Living, the vertically integrated residential tower featuring 290 luxury-for-lease residences, marked its official opening as well.

New Haven, CT The CCIM Connecticut Chapter will hold their annual holiday networking banquet and incoming 2024 officer installation ceremony on Thursday, November 30, 2023, from 5:30-9:30 pm. 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.

Torrington, CT JLL Capital Markets advised Sendero Capital and Angelo Gordon on the acquisition of 245 Alvord Park Rd., which includes a 37,854 s/f ambulatory surgical center and outpatient medical building. The property is fully leased to complementary tenancy, with Litchfield Hills Orthopedic as a long-term tenant – with 56% of the building, which includes the Litchfield Hills Surgery Center – as well as endoscopy and physical therapy tenants.

North Haven, CT The Geenty Group, Realtors reports the lease expansion of an additional 2,250 s/f to the lease at 150 Universal Dr. The Tenant is Legends Auto Boutique, LLC. Giovanni Petruzziello is the Owner. This spring Legends opened their new facility comprising