Category: Connecticut
Marcus and Millichap brokers sale of two properties totaling 84,698 s/f
July 21, 2023
New Britain, CT Marcus & Millichap completed the sale of The Bleu, a 63-unit multifamily property in New Britain and 11 Forest St., a 16-unit 15,312 s/f apartment property in Stamford. “New Britain continues to be an excellent alternative to the more affluent surrounding municipalities,” said Eric Pentore, senior vice president investments.
Press/Cuozzo completes two transactions totaling $865,000
July 21, 2023
Hamden, CT Stephen Press, SIOR, co-principal of Press/Cuozzo Commercial Services, has completed the sale of the following properties: • 2524 & 2536 Dixwell Ave., a 1,900 s/f commercial building set on .64 acres in Hamden, was sold on July 6th at $450,000 with Press representing the ownership/seller, TCE Holdings, LLC. The buyer, 2524 Dixwell, LLC, was represented by Renee Stevens.
NEPCG completes $8.1 million sale of the Brook & Middle Portfolio
July 21, 2023
Bristol, CT Northeast Private Client Group (NEPCG) has completed the sale of the Brook & Middle Portfolio, multifamily investment properties. Senior vice president Brad Balletto and senior associate Bob Paterno represented the seller and procured the buyer in the transaction.
Premier Commercial Real Estate Symposium convenes top experts and draws nearly 100 attendees
July 21, 2023
Cromwell, CT A landmark event in the realm of commercial real estate recently concluded, solidifying its status as one of the most prestigious gatherings of its kind. With an impressive turnout of nearly 100 industry professionals, the Connecticut CCIM commercial real estate symposium held on June 1
Pearce R.E. brokers sale for The Tennis Foundation and 12 Village Street
July 21, 2023
West Haven, CT Pearce Real Estate’s senior commercial associates, Dave Melillo and Chris Nolan brokered the sale of two properties on Derby Ave. The sale of two parcels of land at 371 and 375 Derby Ave. will have a far-reaching impact on the local region, particularly for economically disadvantaged youth.
Verada expands services to Connecticut - starting with Retail at Square 10
July 21, 2023
New Haven, CT Verada, a Brooklyn based boutique real estate firm, is expanding its services outside New York starting at a future new development, Retail at Square 10. The Square 10 project offers a total of 12,500 s/f of commercial retail space, divided into three distinct areas, with over 9,000 s/f located at the corner of George and Orange St.
WinnDevelopment breaks ground
on $85m affordable housing project
July 21, 2023
New Britain, CT City officials joined WinnDevelopment executives to break ground on an $85 million project to transform an historic manufacturing complex near the city’s downtown into a 154-unit apartment community for affordable housing and workforce households. The adaptive reuse project will convert the four remaining buildings in the 115-year-old Landers, Frary &
Verada leases retail space to Bouldering Gym
July 7, 2023
New Haven, CT Verada, a Brooklyn based boutique real estate firm specializing in commercial retail space leasing and sales, announced Retail at Square 10, a new development. The Square 10 project offers a total of 12,500 s/f of commercial retail space, divided into three&
Vidal/Wettenstein negotiates 5,745 s/f warehouse lease to Hornblower Marine
June 30, 2023
Stratford, CT A portion of the industrial building at 190 Charles St. has been leased to Hornblower Marine. The 5,745 s/f section will be used for parts warehouse and repair of boat engines. The building is home to the Edwin Gaynor Company which occupies the front
Eliopoulos and Doyle of Colonial Properties broker four leases totaling 9,500 s/f
June 30, 2023
New Haven, CT Michael Richetelli, president/designated broker of Colonial Properties, Inc., said that the firm has completed four leases. Kosta Eliopoulos, Realtor, represented the landlord, B&L Ramsdell, LLC, in the leasing of 2,200 s/f of industrial space at 149 Ramsdell
Press|Cuozzo Commercial sells 9,116 s/f
mixed-use for $1.65 million
June 23, 2023
New Haven, CT Stephen Press, SIOR, co-principal of Press|Cuozzo Commercial Services negotiated the sale of 987 State St., a 9,116 s/f, East Rock, mixed-use building with a combination of office and retail on the ground level, and five residential units on the upper floors. Press
Jewett to build 31,000 s/f Porsche
dealership for Hoffman Auto Group
June 23, 2023
East Hartford, CT Jewett Construction partnered with Hoffman Auto Group, to construct their Porsche dealership. This 31,000 s/f facility will be one of four locations in the U.S. featuring Porsche’s brand-new Generation 5 design once complete.
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