Category: Connecticut

RM Friedland sells two industrial/flex buildings for $20.5 million

RM Friedland sells two industrial/flex buildings for $20.5 million

August 20, 2021
Stamford, CT RM Friedland negotiated the $20.5 million sale of two industrial/flex buildings on behalf of Robert Martin Company. The buildings, 419 and 650 West Ave., are located in the Stamford Executive Park, where Robert Martin Company continues to own 500, 550, and 600 West Ave.
Marcus & Millichap arranges sale of 158,792 s/f Centennial Plaza for $5.2m to DealPoint Merrill

Marcus & Millichap arranges sale of 158,792 s/f Centennial Plaza for $5.2m to DealPoint Merrill

August 20, 2021
Merident, CT Marcus & Millichap negotiated the sale of Centennial Plaza, a 158,792 s/f retail property located at 560-566 W Main St. according to John Krueger, regional manager
Horvath & Tremblay sells two retail properties for $10.43 million - transactions brokered by Brockwell, Nadler, Horvath, Tremblay, and Woods

Horvath & Tremblay sells two retail properties for $10.43 million - transactions brokered by Brockwe...

August 20, 2021
Norwalk, CT Mark Brockwell and Matt Nadler of Horvath & Tremblay have completed the sale of DaVita Kidney Care. Horvath & Tremblay represented the seller and procured the buyer to complete the transaction
George Comfort & Sons and Cushman & Wakefield lease 136,366 s/f at Shippan Landing; CBRE represents tenant Encompass Digital Media

George Comfort & Sons and Cushman & Wakefield lease 136,366 s/f at Shippan Landing; CBRE represents ...

August 20, 2021
Stamford, CT Encompass Digital Media has renewed its 136,366 s/f lease at Shippan Landing for another six years. The transaction was announced by the property ownership, a joint venture of George Comfort & Sons
Farmington Plan & Zoning approves conversion of Marriott to apartment community

Farmington Plan & Zoning approves conversion of Marriott to apartment community

August 20, 2021
Farmington, CT The town plan & zoning commission approved CLP Farmington LLC’s application for a zone change and site plan approval to redevelop the existing former Marriott Hotel at 15 Farm Springs Rd. as a mixed
Worth Avenue Capital arranges $550,000 bridge loan

Worth Avenue Capital arranges $550,000 bridge loan

August 20, 2021
Hartford, CT Worth Avenue Capital, LLC (WAC) closed a $550,000 bridge loan to a real estate investor in greater Hartford. The investor is a surgeon by trade, who has also built a real estate investment
Vidal/Wettenstein sells 7,000 s/f to Repasi Motorwerks

Vidal/Wettenstein sells 7,000 s/f to Repasi Motorwerks

August 20, 2021
Stratford, CT 1701 Stratford Ave. has been purchased by Jim Repasi, president of Repasi Motorwerks. The sale price was $600,000 or $85.71 per s/f. The business occupying the 7,000 s/f building
Shawmut Design and Construction celebrates topping-off of HMTX Industries' headquarters

Shawmut Design and Construction celebrates topping-off of HMTX Industries' headquarters

August 20, 2021
Norwalk, CT Shawmut Design and Construction celebrated the topping-off of HMTX Industries’ new world headquarters. The four-story, 24,000 s/f project is on track to become the greenest building
CCIM CT offers scholarship towards CCIM designation - deadline Sept. 10

CCIM CT offers scholarship towards CCIM designation - deadline Sept. 10

August 20, 2021
Guilford, CT The CCIM CT Chapter is accepting applications for the Stan Gniazdowski/Carl Russell Endowed Scholarship which will provide $1,000 towards earning the CCIM
O’Hara of Coldwell Banker Commercial NRT sells 150,000 s/f warehouse for $14.9 million

O’Hara of Coldwell Banker Commercial NRT sells 150,000 s/f warehouse for $14.9 million

August 20, 2021
Milford, CT Chris O’Hara, senior vice president of Coldwell Banker Commercial NRT Inc., completed the $14.9 million sale of 75 Cascade Blvd., a 150,000 s/f warehouse/manufacturing facility
CCIM Conn. chapter Deal of the Month, August 2021: Russell of Pearce CRE sells 13.26 acres in Milford

CCIM Conn. chapter Deal of the Month, August 2021: Russell of Pearce CRE sells 13.26 acres in Milfor...

August 20, 2021
Milford, CT The Connecticut CCIM Chapter said that Carl Russell, CCIM, SIOR of Pearce Commercial Real Estate brokered the sale of 13.26 acres located at 185 Plains Rd.
Artificial Intelligence: A force multiplier for the design & construction industry - by Nancy Greenwald

Artificial Intelligence: A force multiplier for the design & construction industry - by Nancy Greenw...

August 20, 2021
Artificial Intelligence (AI) is an area of computer science that simulates human intelligence in machines. Whether it’s used in Amazon’s Alexa, autocorrect, or a self-driving car, the goal
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