SALES

 

Exchange Bldg. Fetches $2.7M

 NEW HAVEN — Developer Paul Denz has purchased a four-story 39,993-square-foot building at 123-127 Church Street for  $2.7 million. CBRE represented the seller, the Annie E. Casey Foundation, which recently vacated 30,000 square feet of Class A space in the historic building, constructed in 1832 and known as the “Exchange Building.” The only current tenant, Sovereign Bank, leases 10,000 square feet on the first floor. Denz has hired CBRE as the leasing agent. 

 

 Cheshire Commercial Bldg. Sold

 CHESHIRE — Common Goal Assoc., LLC has purchased a  7,748-square-foot commercial building at 1573 Highland Avenue for $350,250. Toby Brimberg of OR&L Commercial, represented the buyer. Carol Karney and Bob Gaucher of OR&L Commercial represented the seller, Elaine Richard.

 

Guralnick Does It Again

 BRANFORD — A 20,000-square-foot office building at 388 Main Street has sold for $825,000. Rich Guralnick of Pearce Commercial represented the seller, Davie Enterprises LLC of Connecticut, and the buyer, 388 East Main, LLC.

 

 Whitney Ave. Deals

 HAMDEN — An eight-unit multi-family building at 118 Whitney Avenue has changed hands. John Cuozzo of Press/Cuozzo represented the seller, D&L Manchester, LLC. Gary Damato of Press/Cuozzo represented the buyer, 1181 Whitney, LLC. The sale price was $885,000.

 HAMDEN — SG & SG LLC has purchased a 13,340 square foot medical office building at 2447 Whitney Avenue. Stephen Press of Press/Cuozzo Realtors represented both the buyer and seller, Whitney Medical Group LLC. The sale price was $990,000.

 

Former Vet Hospital Sold

 NEW HAVEN — Citizen's Television (CTV) Inc. has purchased 843 State Street for $815,000. VTN Associates, LLC, a consortium of veterinarians, sold the 7,400-square-foot building, occupied by New Haven Central Hospital for Veterinary Medicine. David Hansen of CBRE represented the buyer. The seller was unrepresented. The veterinary hospital is moving to a new facility in North Haven.

 

Alden Ave. Apts. Acquired

 NEW HAVEN — Fountainville, LLC has purchased a nine-unit apartment building at of 200-204 Alden Avenue for $800,000. Richard Gold and Frank Hird of OR&L Commercial represented the landlord, Nipote, LLC. Frank D'Ostilio of Wareck D'Ostilio Real Living represented the buyer. The building has seven one-bedroom and two two-bedroom apartments.

 

One Fewer Farm in No. Haven

 NORTH HAVEN — A developer has purchased a 4.34-acre farm at 520 Washington Avenue and plans to construct 125 residential units and 3,000 square feet of commercial space on the property. Albert Scafati of Press/Cuozzo Realtors represented the D'Addio family, owners of the 60-year-old farm. Steve Inglese of the New Haven Group, arranged the sale on behalf of the buyer, 91 Leffingwell Road LLC. The sale price was $2.65 million.

 

Costume Bazaar Bldg. Sold

 NORTH HAVEN — Leeway Inc. has purchased 1593 State Street for $515,000. Carl Russell of Pearce Commercial Real Estate was the sole broker. The former owners of the Costume Bazaar sold the 13,750 square foot building.

 

Investor Buys Industrial Bldg.

 WALLINGFORD — Wiehl Holdings, LLC has purchased a 30,000-square-foot industrial facility at 228 North Plains Industrial Road for $1.65 million. Bill Wiehl of Colonial Realty represented the buyer. Chris Nolan of Pearce Commercial, represented the seller, DBS Properties.

 

LEASES

 

Personal Trainer Pens Lease

 CHESHIRE — Horizon Personal Training has signed a five-year lease for 3,525 square feet at 1701 Highland Avenue. Joel Nesson of Press/Cuozzo Commercial Services was the sole broker. The landlord is Fazzone Investments & Properties, LLC.

 

Consultant Chooses Cheshire

 CHESHIRE — Andrews Consulting Group has leased 11,500 square feet at 1154 Highland Avenue. David Barnes of CBRE represented the tenant. Richard Guralnick of Pearce Commercial Real Estate represented the owners, Marshall Enterprises LLC.

 

Dodge Ave. Lease

 EAST HAVEN — TXX Services, Inc. has leased 3,289 square feet at 250 Dodge Avenue, a large, light industrial building near Tweed-New Haven Airport. Kevin Geenty of the Geenty Group, Realtors represented both the tenant and the landlord, Dreadnaught Properties CT, LLC.

 

 Broker to Leeder Hill

 HAMDEN — Fairfield Investment Corp. has leased 2,560 square feet at 105 Leeder Hill Drive. Joel Nesson of Press/Cuozzo Commercial Services was sole broker in the deal. The landlord is Stengel & Tomasoco Realty LLC.   

 

 Rt. 10 Talbots Going Nowhere

 HAMDEN — Talbots has renewed its long-term lease for more than 9,000 square feet at 3490 Whitney Avenue. No brokers were involved. The clothing store dealt directly with the landlord, Westwoods Corner Partners, LLC.  Talbots has occupied the space since 1989.

 

 YNHH Leases in Madison

 MADISON — Yale-New Haven Hospital has signed a long-term lease for 4,124 square feet at 1291 Boston Post Road for an expanded urological center. Rich Guralnick of Pearce Commercial represented landlord, 1291 Boston Post Road, LLC. Cushman & Wakefield represented YNNH.  

 

 The Doctor Is In

 MERIDEN — A physician has subleased a 1,347-square-foot office suite at 321 Research Parkway from Green Beacon Solutions, LLC. Jennifer Gosselin of CBRE represented the doctor, Paul Horton. Frank Hird of OR&L Commercial represented Green Beacon Solutions. The sublease term is four years.

 

 Car Talk Yields Deal

 MIDDLETOWN — Umut Yucel has leased 9,904 square feet at the former Schaller Subaru at 1138 Newfield Street for a used-car dealership. Jonathan Cohn of Goman & York represented the tenant. Carol Karney and Steve Foote of OR&L Commercial represented the landlord, European Motorcars. 

 

Indust. Condo Leased

 MILFORD — KeeClean Management Inc. has leased an 800-square-foot industrial condo at 185 Research Drive. Kristin Geenty of the Geenty Group represented the tenant. Bill Clark The Geenty Group also represented the landlord, D'Amato Investments LLC.

 

Wood Broker Leases

 MILFORD — CNC Cutting & Design, LLC, has leased an 800-square-foot industrial condo at 282 Woodmont Road for a custom wood products business. Bill Clark of the Geenty Group was the sole broker. The landlord is D’Amato Investments, LLC.

 

 Construction Firm Leases

 NEW HAVEN — Bond Construction has inked a five-year deal for 5,800 square feet at 370 James Street. David Hansen of CBRE was the sole broker. The landlord is the Acorn Group.

 

Taken for Granite

 NEW HAVEN — D’Elia Gillooly DePalma, LLC has leased 4,680 square feet the in the Granite Square building at 700 State Street. David Hansen of CBRE was the sole broker. The landlord is the Acorn Group.

 

 Sullivan Tire to No. Haven

 NORTH HAVEN — Sullivan Tire of Connecticut Inc. has leased 10,500 square feet at 130 Universal Drive. Kyle Roberts of CBRE represented the tenant. Kevin Geenty and Kristin Geenty of the Geenty Group represented the landlord, Universal Drive LLC.

 

 Eatery to Brass City

 WATERBURY — Jimmy’s II Family Restaurant has leased 3,100 square feet at 579 Watertown Avenue. John Famiglietti of Drubner Commercial Real Estate Services represented the tenant. Ralph Calabrese and Tony Valenti of the R. Calabrese Agency represented the landlord , Watertown Associates. John Famiglietti of Drubner Commercial Real Estate Services represented the tenant.

 

Bloody Deal

 NEW HAVEN — Yale-New Haven Hospital has signed a 5.5-year lease for a blood-draw center at Whalley Commons, 1467 Whalley Avenue. The Proto Group represented the landlord, ACL/Smartyale.

 

Fitness Club Relocates

 WATERBURY — Spark Fitness has inked a four-year lease for 3,000 square feet at Steelebrook Plaza, 1630 Watertown Avenue. Brian Godin of Matthews Commercial Properties represented the tenant. The Proto Group represented the landlord, Steele Brook Development LLC.