Category: Connecticut

Shelton, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Huntington Townhomes, a 99-unit multifamily asset. “Townhome living has become an extremely desirable, resilient, and underserved segment of the multifamily market,” said Victor Nolletti, IPA executive managing director investments.

East Hartford, CT The Connecticut CCIM Chapter is hosting a workshop on the Site To Do Business Analyst and its application for commercial real estate. The workshop will take place on Thursday, October 24 from 9:00 a.m. to 5:00 p.m. at Goodwin University. The instructor is Stanley Gniazdowski, CCIM, CRE and president of CCIM Technologies.

Southport, CT The CCIM Connecticut Chapter is pleased to announce that Kyle Shea, vice president of Stormfield Capital, was awarded the Certified Commercial Investment Member (CCIM) designation by The CCIM Institute, the leading commercial real estate association in the world. The designation was awarded in September at The CCIM Institute’s Governance Meetings in Houston, TX.

Stamford, CT Simone Development Companies has arranged for Arsen’s Gym to sign a new, long-term lease for a 9,000 s/f fitness facility at 316 Courtland Ave. The new gym is Arsen’s sixth location and will feature a range of equipment, including cardio machines, boxing bags, free weights, and cable machines.

Hamden, CT Stephen Press, SIOR, of Press|Cuozzo has completed the sale of 5 Hamden Park Drive, consisting of a 11,350 s/f industrial building set on 1.15 acres in the Hamden Business Park.

North Haven, CT According to Barbara Pearce, chair and CEO of Pearce Real Estate,  the company has selected the top producers for the third quarter of 2024. “We are celebrating each agent for achieving success in a market that has been anything but easy, said Pearce. “Their dedication and professionalism is a remarkable example of what it means to be a top-tier agent.

Groton, CT Lila Delman Compass has completed the sale of Palmer’s Cove Marina at 1023 Groton Long Point for $1.7 million. Gregory Arakelian, commercial director, represented the seller and facilitated for the buyer in this transaction.

Norwalk, CT Choyce Peterson, Inc. has concluded lease negotiations on behalf of Reed’s Inc., a publicly-traded craft beverage manufacturing company, for their 5,154 s/f headquarters office at 501 Merritt 7. Choyce Peterson principal John Hannigan and vice president Charlene O’Connell represented Reed’s in this transaction.

Greenwich, CT Simone Development Companies and Fareri Associates has arranged a long-term lease totaling 2,021 s/f of executive and administrative office space at One Sound Shore Dr. for Intricate Bay Partners. 

New Haven, CT Barbara Pearce, chair and CEO of Pearce Real Estate, with the help of senior commercial broker, Carl Russell, and senior commercial associate, Chris Nolan, has potentially made the pizza capital also become the empanada capital of the nation.

Stratford, CT Family Care Visiting Nurses (Family Care) has renewed their lease at 999 Oronoque Ln. The 10,124 s/f is on the main level and upper level of the 42,000 s/f office building.  Family Care specializes in home-based health care services to clients in the Fairfield and New Haven County area. The company has remained committed to exceeding

West Hartford, CT According to principal Matt Halprin, New England Retail Properties, Inc. has closed the sale of the former CVS Pharmacy located at 978 Farmington Ave. The property was marketed on behalf of the owner, Center Equities LLC, after the CVS location ceased operations over a year ago following 35 years of service to the community.