Category: Connecticut

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

New Fairfield, CT CBRE negotiated the $6.191 million sale of Heritage Plaza, a newly renovated, 26,403 s/f neighborhood shopping center located at 28 CT-39. Heritage Acquisitions LLC acquired the complex, which is fully leased with a strong tenant mix including a number of service-based tenants, from 28 Route 39, LLC. 

Middletown, CT C.E. Floyd Company, PBC, a general contractor and construction manager, has expanded its estimating team to better serve its clients. With the addition of four people to the Middletown team, C.E. Floyd now has balanced resources in its Massachusetts and Connecticut offices. 

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

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

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.

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.

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.”

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.

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.

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.

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.