Category: Connecticut
Saugatuck Commercial Real Estate sells 3,924 s/f
July 22, 2022
Westport, CT Saugatuck Commercial Real Estate (SCRE) represented United Realty in the sale of 177 Main St. Formerly the home of The Remarkable Bookstore, the 3,924 s/f retail building was sold to Conn.-based owner/user, Eleish Van Breems Home Westport.
Hannigan and O’Connell of Choyce Peterson lease 13,241 s/f to Element Solutions, Inc.
July 22, 2022
Norwalk, CT Choyce Peterson, Inc. concluded lease negotiations on behalf of Element Solutions, Inc. (ESI), for a 13,241 s/f office at MerrittView, 383 Main Ave. Choyce Peterson principal John Hannigan and vice president Charlene O’Connell represented ESI in this transaction.
Worth Avenue Capital provides $75,000 commercial loan to small business
July 22, 2022
Bristol, CT Worth Avenue Capital, LLC (WAC) closed a $75,000 commercial loan to a small business. The loan is secured by a first mortgage on real property with an underlying LTV of 30%. The borrower is using the loan proceeds to provide short term working capital for their business.
Conn./Western Mass. Chapter of the SIOR summer chapter meeting held at Pine Orchard Yacht and Countr...
July 22, 2022
Branford, CT The Connecticut / Western Massachusetts Chapter of the Society of Industrial & Office Realtors recently held its summer member meeting and event at Pine Orchard Yacht and Country Club. Following a regular quarterly meeting, as the skies were clearing from an earlier seasonal rain, members enjoyed a boat ride aboard
Fantini & Gorga places $38 million for 324-unit Country Glen Apartments
July 22, 2022
Groton, CT Fantini & Gorga (F&G)has placed $38 million in permanent financing on Country Glen Apartments, a 324-unit multifamily community situated on a 30-acre campus located in the seaside town. “We were able to secure significant cash-out proceeds for the owners through our correspondent lender’s dexterous use
CCIM Conn. Chapter holds “Jaigantic Deals & Drinks” event
July 22, 2022
Shelton, CT The CCIM Connecticut Chapter held a Deals & Drinks networking event at Jaigantic Studios on Thursday, June 30. This unique event brought together nearly 50 members, guests and sponsors to network, share their deals and learn about the growing movie production scene in the state.
STV leading design for Rte. 8 bridge rehabilitation and safety improvements in Connecticut
July 22, 2022
Seymour, CT STV will serve as the lead designer for the Conn. Department of Transportation’s (CTDOT) $77 million Rte. 8 improvement program between Shelton and Seymour. Empire Paving, Inc., will lead the design-build team. STV will provide a full suite of design and construction phase services for Rte. 8’s roadway and bridge rehabilitation,
Vidal/Wettenstein closes $3.05 million sale of 31,298 s/f industrial building
July 22, 2022
Shelton, CT The former Electri- Cable Assemblies (ECA) building located at 10 Mountain View Dr. was sold. The purchaser was Shelton Winair which was located on River Rd. The building is 31,298 s/f and is situated on 5.16 acres. It sold for $3.05 million or $97.45 per s/f.
Geirin joins Pearce Real Estate as sales associate
July 22, 2022
New Haven, CT Nanette Pastore, president of Pearce Real Estate, said that Dan Geirin has joined the company as a residential sales associate. “We are delighted to have Dan Geirin join our team,” said Pastore. “His accounting background, prior professional
Wickey and Greenberg of SCRE lease 2,071 s/f to Blue & Cream
July 22, 2022
Westport, CT Saugatuck Commercial Real Estate (SCRE) represented the owners of 46-48 Post Rd. East in leasing 2,071 s/f to Blue & Cream. Richard Skulnik of RIPCO represented Blue & Cream. Penny Wickey and Nathan Greenberg of SCRE represented the owners, 46 Post Road LLC, and will continue
CBRE sells 11 senior housing units at 77 Leroy Ave., Darien for $7.5 million
July 22, 2022
Darien, CT CBRE has completed the sale of 11 senior housing residential condominium units at 77 Leroy Ave. Pemberton 16, LLC sold the condos for $7.5 million ($681,818 per unit) to 77 Leroy, LLC. The CBRE team of Louis Zuckerman and Patrick Colwell marketed the assets on behalf of the seller and also procured the buyer.
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