Category: Connecticut

Greenwich, CT Summit Realty has acquired it’s first tenant for the newly acquired and repositioned Greenwich Station office complex. A major national financial services institution has signed a lease for the entire 7,000 s/f building at 222 Railroad Ave. 

Waterbury, CT Tyler Egner and Zack Burnett of Sky Realty Group brokered the sale of a 15 unit apartment complex. A NJ investor acquired the building for $1.5 million ($100,000/unit). The 15-unit apartment complex is located at 4 John St. The building was renovated in 2021-2022 by a CT-based investor.

Farmington, CT Connecticut-based firm Federman, Lally & Remis LLC (FLR) has joined the New York firm, Marcum LLP, effective January 1, 2024. This merger strengthens Marcum’s team in New England’s automotive and food & beverage sectors, adding five partners and twelve associates.

Fairfield, CT The Fairfield County commercial market completed 2023 on a generally positive note, according to the Houlihan Lawrence Fairfield Commercial Market report. According to the report, Greenwich retail rental rates ended 2023 at the best levels ever seen in late spring.

South Norwalk, CT Silvester Garza and David Fugitt of Vidal/Wettenstein, LLC completed the sale of 13,665 s/f theater space located at 29 North Main St. The property is the former site of the Palace Theater.

Stratford, CT Arnold Peck has received the Kapusta Lifetime Achievement Award from the Milford Regional Chamber of Commerce on January 25, 2024. It is part of the Annual Awards Gala held each year. This year was held at the Riverview Bistro, the location of the former Fagan’s Restaurant formerly owned by Peck.

Darien, CT Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions, has added Christopher Lawton, a veteran of commercial real estate finance, to the firm as head of originations. Lawton will play a role in leading NGC’s origination and growth strategies

Greenwich, CT Greenwich Office Park has added a new café, Food Studio, as part of their expansion of amenities at the park. Earlier in 2023 a new fitness center opened in 3,500 s/f, featuring 40+ pieces of cardio and strength and conditioning equipment.

New Haven, CT The architecture and art integration firm Svigals + Partners made promotions of five key staff members to associate principal and associate positions. Named to the position of associate principal are Brian Stancavage, AIA, CDT and Cheryl Hart, director of marketing and business development.

Tolland, CT On January 15, Worth Avenue Capital, LLC (WAC) closed a $200,000 commercial loan for a Connecticut-based business. The loan proceeds will be used for working capital purposes on a short-term basis. The loan is secured by a junior mortgage on an oceanfront luxury condominium

Hamden, CT Stephen Press, SIOR, of Press/Cuozzo arranged the sale of this free standing, well maintained 7,200 s/f industrial/flex facility. Located at 4 Industrial Circle, in the Hamden Business Park, the building is on .92 acres.

Hamden, CT Nanette Pastore, president of Pearce Real Estate, has named Wojtek Borowski, principal of the Edgehill Team in the company’s New Haven office, as Hamden’s number one real estate agent based on total closed volume for 2023 (statistics compiled by Smart MLS).