Category: Connecticut

Trotta of Lyman Real Estate sells 32,350 s/f to BitterrootAE for $1 million

Trotta of Lyman Real Estate sells 32,350 s/f to BitterrootAE for $1 million

October 22, 2021
Plainfield, CT Lyman Real Estate Brokerage & Development sold the property at 20 Excalibur Blvd., the former location of Motorsports Nation. Lyman broker Carolyn Trotta represented the buyer, Bitterroot AE, LLC, and Sentry Commercial was agent for the
O’Hara of CBC NRT sells 11.47 acres for $2 million

O’Hara of CBC NRT sells 11.47 acres for $2 million

October 22, 2021
Shelton, CT Chris O’Hara, senior vice president of CBC NRT Inc., completed the sale of 11.47 acres on Waterview Dr. for $2 million to accommodate the expansion needs of Mercantile Development, Inc. (MDI).
R. Calabrese Agency and Godin Property Brokers lease 2,650 s/f

R. Calabrese Agency and Godin Property Brokers lease 2,650 s/f

October 22, 2021
Southbury, CT Ralph Calabrese, principle of R. Calabrese Agency, LLC completed the leasing of 2,650 s/f to Pediatrics Associates of Conn. PC. The long-term lease began August 1 and is located in an end-cap of a plaza shared with Mattress Firm and Wells Fargo Bank.
H2M opens new office

H2M opens new office

October 22, 2021
Windsor, CT H2M architects + engineers has opened an office at 360 Bloomfield Ave. This announcement comes at a time when demand for H2M’s services has been increasing across all markets served by the firm
340-unit senior housing campus approved in Trumbull

340-unit senior housing campus approved in Trumbull

October 22, 2021
Trumbull, CT In a 4 to 1 decision, the Planning & Zoning Commission approved a 340-unit senior housing campus on 17.6 acres. This culminated a three-year process including a zone change, appeal, wetlands and now site plan approval.
Northeast Private Client Group sells four properties for $17.26 million - including the sale of City Place Apartments for $4.15 million

Northeast Private Client Group sells four properties for $17.26 million - including the sale of City...

October 22, 2021
New Britain, CT Northeast Private Client Group’s (NEPCG) Metro-North Investment Sales Team negotiated the sale of four properties totaling $17.262 million. City Place Apartments, located at 10-16 Washington St., sold for $4.15 million. This equates to a price of
BankRI provides $11.95 million financing to b7 Properties, LLC<br> for purchase and renovation of two apartment complexes

BankRI provides $11.95 million financing to b7 Properties, LLC
for purchase and renovation of tw...

October 22, 2021
Groton, CT Bank Rhode Island (BankRI) has provided $11.95 million in financing to b7 Properties, LLC for the purchase and renovation of two apartment complexes. The real estate development company based out of R.I., owns investment
Groblewski of Fantini & Gorga arranges $17.25 million refinancing for Hollow Tree Self Storage facility

Groblewski of Fantini & Gorga arranges $17.25 million refinancing for Hollow Tree Self Storage facil...

September 17, 2021
Darien, CT Fantini & Gorga arranged a $17.25 million refinancing package for Hollow Tree Self Storage at 131 Hollow Tree Ridge Rd. Casimir Groblewski placed the loan with a major New England-based banking institution on behalf of his client.
Marcus & Millichap arranges sale of 53,158 s/f FedEx property

Marcus & Millichap arranges sale of 53,158 s/f FedEx property

September 17, 2021
North Haven, CT Marcus & Millichap negotiated the sale of FedEx, a 53,158 s/f net-leased property located at 347 State St., according to John Krueger, regional manager of the firm’s Manhattan office. The asset sold
Russell of H. Pearce Commercial leases 10,174 s/f to Dollar Tree Store

Russell of H. Pearce Commercial leases 10,174 s/f to Dollar Tree Store

September 17, 2021
Milford, CT Carl Russell, CCIM, SIOR, senior commercial broker of H. Pearce Commercial Real Estate has closed on the lease of more than 10,000 s/f at 1770 Boston Post Rd.
Viking Construction awards scholarship to New Britain High School senior, Smiarowski

Viking Construction awards scholarship to New Britain High School senior, Smiarowski

September 17, 2021
New Britain, CT Natalia Smiarowski has been awarded the 2021 Viking Construction Education Scholarship. Smiarowski, who plans to study architecture at the University of Massachusetts-Amherst, will receive $1,000 per year each year she remains in the program
Vidal/Wettenstein sells 20,062 s/f industrial building for $1.85 million

Vidal/Wettenstein sells 20,062 s/f industrial building for $1.85 million

September 17, 2021
Stratford, CT According to the seller’s broker Bruce Wettenstein, SIOR and partner with Vidal/Wettenstein, 240 Hathaway Dr. has been sold.  The 20,062 s/f industrial building sold for $1.85 million or $92.21 per s/f.  The building had been owned and
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