Category: Connecticut

Greystone provides $15.3 million in HUD-insured financing for three multifamily portfolios

Greystone provides $15.3 million in HUD-insured financing for three multifamily portfolios

July 23, 2021
New Britain, CT Greystone has provided a total of $15.315 million in HUD-insured loans to refinance a portfolio of three multifamily properties consisting of 278 units across Connecticut. The loans were originated by Leor Dimant, managing director
Dacon and Eppendorf complete 10,000 s/f facility expansion project includes 10,000 s/f ISO-8 clean room - build is in response to sales growth

Dacon and Eppendorf complete 10,000 s/f facility expansion project includes 10,000 s/f ISO-8 clean r...

July 23, 2021
Enfield, CT Dacon and Eppendorf have completed expanding manufacturing operations within the Conn.regional facility. As a leading life science company, Eppendorf began on the heels of WWII in 1945 with a mission founded on improving
Angel Commercial sells 19,714 s/f industrial condo to Mosquito Squad for $1.325 million

Angel Commercial sells 19,714 s/f industrial condo to Mosquito Squad for $1.325 million

July 23, 2021
Milford, CT Thomas Luthy, a franchise owner of Mosquito Squad, has purchased 240 Depot Rd., a 19,714 s/f industrial condominium, for $1.325 million, according to Jon Angel, president of Angel Commercial, LLC
Miller and Johnson of Colliers lease 5,320 s/f at 253 Main Ave. to Tint World

Miller and Johnson of Colliers lease 5,320 s/f at 253 Main Ave. to Tint World

July 23, 2021
Norwalk, CT Colliers has secured a 10-year retail lease. Senior managing director Bob Miller and associate Tim Johnson were the exclusive leasing agents for the property and secured the long-term lease
Worth Avenue Capital arranges $1.25 million commercial loan

Worth Avenue Capital arranges $1.25 million commercial loan

July 23, 2021
Guilford, CT Worth Avenue Capital, LLC closed a $1.25 million commercial loan to a New England-based distribution company that provides smart technology in the energy sector. The loan proceeds will be used to complete the
UB Stratford develops new facility slated for Net Zero

UB Stratford develops new facility slated for Net Zero

July 23, 2021
Stratford, CT UB Stratford I, LLC (UB Stratford) recently constructed a new self-storage facility utilizing nearly $400,000 in energy efficiency incentives to save an estimated $40,350 in annual energy costs.
Marcus & Millichap Capital Corp. recapitalizes Pike International portfolio

Marcus & Millichap Capital Corp. recapitalizes Pike International portfolio

July 23, 2021
New Haven, CT Marcus & Millichap Capital Corp. (MMCC) has arranged a $8.62 million CMBS loan on eight properties and 99 units for Sam Hecht of Pike International.
Lyman Real Estate sells 2+ acres to Arconn Realty, LLC

Lyman Real Estate sells 2+ acres to Arconn Realty, LLC

July 23, 2021
Haddam, CT Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development, sold 2+ acres at 105 Bridge Rd., which is slated for multifamily development. Lyman represented the seller, CCC Haddam LLC. The buyers are Arconn Realty,
Newmark sells 18-building industrial portfolio

Newmark sells 18-building industrial portfolio

July 23, 2021
Windsor, CT Newmark negotiated the sale of a 566,000 s/f industrial portfolio consisting of 18 buildings within the Hartford metro area. Newmark’s tri-state capital markets executive managing director
CBRE sells Parc Grove Apartments to Pacific Urban Residential LLC

CBRE sells Parc Grove Apartments to Pacific Urban Residential LLC

July 23, 2021
Stamford, CT CBRE brokered the sale of Parc Grove Apartments, a 402-home community. The CBRE team of Jeffrey Dunne, David Gavin, Gene Pride, Jeremy Neuer, Steve Bardsley and Eric Apfel represented a
TruNORTH Construction to break ground on $7 million Addison Square project at 219 Addison Rd. in Glastonbury, CT

TruNORTH Construction to break ground on $7 million Addison Square project at 219 Addison Rd. in Gla...

July 23, 2021
Glastonbury, CT TruNORTH Construction is preparing to break ground on the $7 million Offices at Addison Sq. project this month. The office condominiums will be constructed at 219 Addison Rd. Each of the 18 units, built across four building structures will
Shawmut Design and Construction begins build of HMTX Industries new headquarters

Shawmut Design and Construction begins build of HMTX Industries new headquarters

June 18, 2021
Norwalk, CT Shawmut Design and Construction has broken ground on the new world headquarters for HMTX Industries, a global new materials flooring company. The four-story, 24,000 s/f project is on track to become the greenest building in the state, with completion slated for 2022.
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