Category: Connecticut
Lyman Real Estate sells 1,130 s/f office condo to USA Financial & Tax Services at 145 Durham Rd.
February 17, 2023
Madison, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, a 1,130 s/f office condo at 145 Durham Rd. was sold. The property was purchased by Michael Alimo, president and owner of USA Financial & Tax Services, LLC, headquartered in Glastonbury.
Sherman of Angel Commercial sells 34,583 s/f mixed-use at 430 Main Ave. in Norwalk for $6 million
February 17, 2023
Norwalk, CT Angel Commercial, LLC brokered the sale of 430 Main Ave. for $6 million to an undisclosed investor. The seller was C&H Lew LLC, whose principals owned the property for 15 years. 430 Main Ave. is a 34,583 s/f mixed-use building on 1.52 acres. The building
Coote of Wm. M. Hotchkiss Co. named to Power 25 Real Estate
February 17, 2023
New Haven, CT Richard Coote, president of the Wm. M. Hotchkiss Co., has been recognized as a member of NewHavenBIZ.com’s Power 25 Real Estate - 2022.This list puts the spotlight on real estate agents and developers transforming and making an impact in the Greater New Haven region.
Dietz and Pagani of Colliers sell 7,400 s/f
February 17, 2023
Manchester, CT 9 Brainard Pl. was sold for $345,000 on January 20, 2023. The 7,400 s/f industrial building was purchased by JM Associates, LLC. Christian Dietz and Bob Pagani of Colliers represented buyer.
Strickling and Dube of Sky Realty Group broker sale of The Ottone Apartments for $7.95 million
February 17, 2023
Waterbury, CT Sandy Strickling and Anne-Marie Dube of Sky Realty Group brokered the sale of Ottone Apartments. A New York-based investor acquired Ottone Apartments for $7.95 million ($69,130/unit). The Ottone is comprised of a 10-story high
Klimek and Fagan of Cushman & Wakefield arrange three leases totaling 50,759 s/f at 1200 Post Rd. Ea...
February 17, 2023
Westport, CT Cushman & Wakefield arranged three leases totaling 50,759 s/f at the renovated 1200 Post Rd. East. Cushman & Wakefield’s Adam Klimek and Jim Fagan represented the landlord, 1200 Post Road LLC, in the transactions.
MBI Inc. and LBB Specialties to relocate to Clarion Partners’ Merritt 7 in Norwalk
February 17, 2023
Norwalk, CT According to Clarion Partners LLC and Marcus Partners, two new tenants will be relocating to Merritt 7. Consumer products marketing company MBI Inc. will be taking 32,648 s/f in the recently upgraded Building 501, while
CBRE arranges $48.65 million sale of 164-unit Reserve41 on behalf of the seller, Norpointe LLC
January 20, 2023
Norwalk, CT Representatives of CBRE, led by Jeff Dunne, Eric Apfel and Stuart MacKenzie, arranged the $48.65 million sale of Reserve41, a 164-unit multifamily community. CBRE represented the seller, Norpointe LLC, a partnership led by real estate investment firm, Belpointe. The team also procured the buyer
Northeast Private Client Group brokers sale of $2.195 million building at 38-40 Glenwood Ave.
January 20, 2023
Norwalk, CT Northeast Private Client Group (NEPCG) has completed the sale of 38-40 Glenwood Ave. Senior associates Rich Edwards and Jeff Wright, along with associate Patrick Hegarty, represented the seller and procured the buyer for a 10-unit value-add multifamily investment $2.195 million property.
Leasing begins at new phase of Stamford Urby - will create 176 new apartments
January 20, 2023
Stamford, CT Leasing kicks off in early 2023 for the new phase of Stamford Urby. In anticipation of the opening, Urby has completed the formation of a priority waitlist to receive advance information and to be among the first to schedule private tours of the new building and amenities.
Harris, Hensley and Nelson named principals at Pickard Chilton - promoted from associate principals
January 20, 2023
New Haven, CT Pickard Chilton has promoted three associate principals to the position of principal. Stephen Harris, Michael Hensley, and Adrienne Nelson join Jon Pickard, William Chilton, and Anthony Markese as principals of the 25-year-old studio.
Ballachino joins Union Savings Bank as Vice President, senior CRE lender
January 20, 2023
Danbury, CT Thomas Ballachino has joined Union Savings Bank as vice president, senior commercial real estate lender.
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