Category: Connecticut

Danbury, CT The Union Savings Bank (USB) Foundation recently awarded $300,000 in funding to 31 local organizations in Connecticut as part of the 158-year-old community bank’s ongoing effort to give back to those it serves.

Guilford, CT The Connecticut Chapter of CCIM has awarded three scholarships to real estate professionals across the state. Nick Leone of Sentry Commercial was awarded the Stan Gniazdowski/Carl Russell Named Education Scholarship. 

Hartford, CT The Connecticut/ Western Massachusetts chapter of SIOR released the results of its semi-annual membership survey of commercial real estate market conditions. The survey is based on market activity for the period January 2024 through June 2024 within Connecticut and western Massachusetts.

Darien, CT Cushman & Wakefield has arranged the sale of Avalon Darien, a 189-unit class A luxury townhome-style apartment community located at 137 Hollow Tree Ridge Rd. Cushman & Wakefield’s Niko Nicolaou, Ryan Dowd, Matthew Torrance, Al Mirin and JP Hohl, in coordination with RePropCo’s Brian Whitmer, represented the seller, AvalonBay Communities, and procured the buyer.

Norwalk, CT 8-10 Byington Pl. was once a location for a law practice being situated across the street from the Norwalk Courthouse, but the courthouse never reopened following its COVID-related closure in early 2020. Meanwhile, the Wall St./West Ave. neighborhood has seen significant development, with more in the pipeline.

Fairfield, CT The law firm of Neubert, Pepe & Monteith, P.C. has moved its Fairfield offices to 72 Ruane St. Douglas Skalka, managing partner for the firm, said, “We have had great success with our ability to serve clients from our Fairfield location. The town is a great place in which to do business and we enjoy the many amenities that Fairfield has to offer.”

Norwich, CT The former home of Johnson’s Flowers & Gifts at 307 Washington St. has been sold. The $289,500 cash transaction was announced by Ron Lyman, CCIM, CEO of Lyman Real Estate Brokerage & Development. Lyman Broker and Development associate Sam Lyman

Milford, CT The Oak & Avery Group has completed the sale of 1776 Boston Post Rd., a 52,000 s/f retail center.  The property sold for $3.28 million in an all-cash, off-market transaction.

Stratford, CT Oomph Home Furnishings has leased 4,119 s/f of warehouse space at 1915 Stratford Ave. Terms of the lease were not disclosed other than it being a five-year lease with options to renew.

Bridgeport, CT Viking Construction has achieved the Diamond level in Associated Builders and Contractors’ (ABC) STEP Safety Management System. Founded more than three decades ago, STEP is a proven system that provides the framework to measure, strengthen and build industry-leading safety programs that enable top-performing ABC members to achieve incident rates nearly six times

West Haven, CT Amodio & Co. Real Estate has completed the $2.6 million sale of the 27,486 s/f office building located at 560 Saw Mill Rd. to Connecticut headquartered, Xue Guang Wan.  The office building was formerly for educational use and will, after extensive renovations

Waterford, CT New England Retail Properties, Inc., was the exclusive broker for the newly completed Chipotle at 124 Boston Post Rd.