Category: Connecticut

Hartford, CT WinnCompanies, a national owner, developer, and manager of high-impact apartment communities, has acquired 84 apartments grouped within 10 three-story, residential buildings in Clay Arsenal, the oldest neighborhood in Connecticut.

Westport, CT Saugatuck Commercial Real Estate (SCRE) has arranged for the existing tenant, Second Foundation Partners, to sign a three-year lease extension for 2,368 s/f of office space on the second floor at 1835 Post Rd. East.

Hartford, CT Hinckley Allen welcomes Thomas Mitchell and Daniel D’Aprile, Jr. as partners in its real estate practice group. Attorneys Mitchell and D’Aprile are key strategic additions that enhance the firm’s commercial real estate financing capabilities. They were previously partners at McElroy Deutsch, and will join the firm in the Hartford office.

Wallingford, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed lease negotiations on behalf of O&G Industries, a privately-held construction firm, for a new 9,992 s/f office at 900 Northrop Rd.

Darien, CT JLL has closed on $165 million in construction financing for phase II of The Corbin District, a six-acre mixed-use development redefining downtown. JLL Capital Markets represented the sponsor, locally-based Baywater Properties, to secure a $102 million construction loan from Barings and $63 million in C-PACE financing from Counterpointe SRE.

Milford, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions: Richetelli represented the seller, The Milford Bank in the sale of 295 Boston Post Rd., a 5,147 s/f freestanding commercial building

Brooklyn, CT The CCIM Connecticut Chapter is pleased to announce that Andrea Kazantzis of Kazantzis Real Estate in Brooklyn, Conn., was awarded the Certified Commercial Investment Member (CCIM) Designation by the CCIM Institute,

Hamden, CT Worth Avenue Capital, LLC (WAC) has closed a $100,000 commercial loan for a Connecticut based real estate investor. The loan proceeds will be used for debt restructuring purposes and the loan is secured by a blanket second mortgage on a multi-family income producing investment property

Bridgeport, CT Northeast Private Client Group (NPCG) has sold The Fairfield, a 22,984 s/f, four-story mixed-use property located at 2258 Fairfield Ave. Vice president of brokerage Robert Paterno and managing director, Brad Balletto represented the seller

New Haven, CT Chris O’Hara, senior vice president of Coldwell Banker Commercial represented Kreitler Financial in a 5,200 s/f office relocation at One Century Tower with Konover Commercial. 

Hartford, CT To help owners and residents of affordable multifamily housing have easier access to the benefits of solar energy and battery storage, the Connecticut Green Bank’s Solar Marketplace Assistance Program (Solar MAP) is now available to affordable properties

Hamden, CT Mark Foreman of Press|Cuozzo has sold two contiguous industrial condominiums at 35 Corporate Ridge. Units 6 and 7 were 1,000 s/f each and closed at $252,000. Foreman represented the seller. Troy Clark, and Joe Scarpellino of Coldwell Banker represented the buyer