HARTFORD: Keypoint Partners, LLC of Burlington, Mass. has released The KeyPoint Report for Greater Hartford, CT 2018, according to Bob Sheehan, vice president of research. This comprehensive retail real estate report examines supply, occupancy, absorption, and retailer expansion and contraction for virtually every retail property in the region. Keypoint has offices in Cromwell and Enfield.
According to the report, the inventory of retail space in Greater Hartford totals 37.6 million square foot, with a vacancy rate of 10.6%, a “significant drop,” from last year’s rate of 11.1%.
DARIEN: A TD Bank branch has sold for big bucks yielding $6.9 million for the 4,380 square foot property at 55 Boston Post Road. The transaction yielded a 5.1% capital return rate.
Located at 55 Boston Post Rd., the 4,380 s/f location was sold for $6.9 million at a 5.1% cap rate. The property has 7 years remaining on the lease and was sold to a 1031 exchanger Spencer Henderson, of Brokers+Engineers (B+E), represented the seller, Chimblo Family Real Estate, LLC.
“Henderson commented on the transaction amount saying, “B+E achieved an impressive valuation for this bank branch, rarely seen in the marketplace today.”
|Avitus Orthopaedics, Inc.||250,000||Farmington||http://avitusortho.com/|
|biohaven pharmaceuticals||250,005||New Haven||http://biohavenpharma.com/contact-2/|
|Dream Payments||1,000,000||CT N/A Toronto||http://www.dreampayments.com/|
|InBox Health, Inc.||750,000||New Haven||https://inboxhealth.com/|
|Kleo Pharmaceuticals||1,000,000||New Haven||http://www.kleopharmaceuticals.com/|
|Mobile Sense Technologies, Inc.||500,000||Farmington||https://www.mobilesensetech.com/|
|MyGene Counsel||250,000||New Haven||http://www.mygenecounsel.com/|
|Patient Wisdom||150,000||New Haven||https://patientwisdom.com/about|
|R4 Technologies, LLC||2,000,000||Ridgefield||http://www.r4.co/|
|Smpl Bio, LLC||250,000||Tolland||http://www.smplbio.com/|
|Soft Tissue Regeneration, Inc.||530,000||New Haven||http://softtissueregeneration.com|
|Summit Street Medical||75,000||N/A||http://www.summitstreetmedical.com/|
|The Big Willow||75,000||Wilton||https://www.thebigwillow.com/|
|Wellinks, Inc.||500,000||New Haven||http://www.wellinks.com/|
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