towner

Oxford: A 60 acre industrial park has been approved off on Towner Lane.

Ed Godin Jr. SIOR of Godin Property Brokers represented all parties in the $925,000 sale of a 60-acre industrial zoned property off of Towner Lane. The development will be called Pheasant Run Business Park offering industrial lots ranging from 2.5 acres to 19 acres with all municipal utilities available.

In nearby Southington, Godin represented all parties in the $800,000 sale of two commercial zoned land parcels located at 19 Strongtown Rd. and 1411 Southford Rd. The site has been approved for a gas station/ convenience store. With construction expected to begin soon.

Essex Apartment Development Picking Up Steam

Essex: Construction of Essex Station a 52-unit apartment development is being financed by an $8.6 million loan from Washington Trust’s Commercial Real Estate Group, based in Westerly, RI.

The project a 52,000 square foot, complex will have 52 luxury units spread over three buildings at 21, 27 and 29 Plains Road, just past the tracks of the Essex Steam Train tourist attraction.. Sixteen units will be set aside as “moderate” income rental units Moderate income rentals must meet certain state regulated reduced rent income guidelines. 

Ron Lyman, CCIM, CEO of Lyman Real Estate, announced the sale of three contiguous parcels of land totaling 3.75 acres to the buyer, and developer Essex Holdings LLC of Westport,

nixs hartford

Hartford:  –The anticipated opening of UCONN’s campus in the city has motivated one restaurant owner to undergo an extensive renovation and settle a dispute with Front Street developer HB Nitkin. Front Steet is Hartford’s signature new downtown development and the location of a UCONN satellite campus and Graduate School is seen by some as essential to the developments's success.

According to the Hartford Patch website NIXS’ restaurant in Hartford “recently completed an ambitious $100,000 renovation at its location there.

starlingGlastonbury: A leading physician owned multispecialty medical practice Starling Physicians hasexpanded east of the river at 289 Western Boulevard.

The “integrated” practice doctors treat, Allergy, Cardiology, Orthopaedics/Sports Medicine, Physical Therapy, Podiatry, Pulmonary, Rheumatology and surgery

“We are thrilled to be opening a new state-of-the-art facility in Glastonbury,” said Tracy King, Chief Integration Officer of Starling Physicians.“

ted denard savanah bee
Mr. "Bee Healthy", Ted Dennard founder of Savannah Bee Company opening at Bedford Square.

Westport: It’s not Cannabis, but it is more of the sweet life. The Savannah Bee Company has announced it is opening this summer in the town's signature new development.

Proclaiming it is the “leader in all things Honeybee, the store features “premium artisanal honeys and honey-based health and beauty products using all natural ingredients, straight from the hive.”

The Westport ”boutique” will be Savannah Bee’s first store in the Northeast, and will be located at Bedford Square [59 Post Road], marking what the company calls “a milestone expansion for this buzzy brand!”

JohnsonvilleJ

ohsnsonville, East Haddam: Once again publciations and websites from Connecticut to across the countryto Washington State, are still stuck on the story of a potential sale of historic Johnsonville.

See the Business Insider or USA Today Stories. WTOP Washington

CB 12Commerce

Shelton: BTX Global Logistics purchased 12 Commerce Drive for $3.85 million. The 75,302 square foot building sitting on 5.05 acres property will be for the company’s its corporate headquarters. Chris O’Hara of CBC NRT represented the BTX.

BTX Global Logistics is a full-service transportation and logistics organization. According to CBC NRT “For more than three decades, BTX has evolved from a single terminal to an organization with over 20 regional offices located throughout the country. “

The seller, Minskoff Grant Realty and Management Corp. provides asset management throughout New York City, Westchester and Connecticut. The seller was represented by Al Mirin, Michael Norris and Jonathan Schindler of Cushman and Wakefield.

70 terraceNew Haven: Another city apartment property brought in big bucks in a May sale. The 41 units at 70 Terrace Street, sale was for eight buildings on 1.93 acres.  Michael Richetelli and Fred Messore, senior vice president, of Colonial Properties, Inc., brokered the $3.055 million sale. The property was purchased by Favorite Investments, LLC  [Shimon Handelsman, 300 Schraffts Drive, Waterbury]  Colonial Properties was the sole broker in the transaction and represented the seller, Green Olive Properties.  

Svigals SandyHook 03 sliderNewtown: The Connecticut Building Congress (CBC) will recognize the town of Newtown, Consigli Construction Co., Inc., Svigals+Partners and STV|DPM for their collaborative work to build the new Sandy Hook School. The team will formally accept the 2017 Project Teams Awards at a presentation on June 13.

According to CBC “the award recognizes projects that exemplify project team excellence and represent the best practices in teamwork by project owners, architects, engineers, constructors and trades.”

“The powerful purpose of this project was never lost on us from day one,” said Matthew Consigli, president of Consigli. “It was truly an honor to be a partner on this special project and we couldn’t have asked for a better team

“It was the best possible team for this unique endeavor,” said Jay Brotman, AIA, managing partner with Svigals+Partners. “And that includes first selectman Pat Llodra and the entire Sandy Hook-Newtown community.”

“This project was the best team effort I have ever seen, with total commitment from everyone involved,” said STV|DPM vice president and project executive Mark DuPre, Sr. Assoc. AIA.

 The 88,000 square foot school for PreK-4 students opened its doors last fall, after a 32-month timeline that included extensive public engagement, careful planning and design, and best-in-class construction management practices.

The project was inspired by the strong sense of community and the inherent natural beauty of Newtown. The final design includes a curving plan that reaches out across the site as arms in a welcoming gesture to students.

The school features three classroom wings that extend like fingers of an open hand on the site. A total of three courtyards and one outdoor amphitheater serve as an outdoor classroom and space for school events.

Avison Young New CanananNew Canaan: The new New Canaan Medical Arts Center at 23 Vitti Street, is being developed by CH Vitti Street Associates, LLC, an affiliate of New Canaan-based national real estate investor Cambridge Hanover, and Collins Enterprises of Greenwich. CH Vitti acquired the property in February 2016 for $1.525 million.

The new, two-story, 9,000 square foot medical center will be constructed along the parcel’s 121 feet of frontage, with a public courtyard along Vitti Street. The commercial portion of the project includes 2,000 square feet of medical space on the first floor and 7,000 s/f on the second floor. The design and construction will include automated doors, medical grade HVAC system with HEPA filtration, high ceilings, heavy power, abundant parking and full-service management and building security.

Screen Shot 2017 06 06 at 8.00.14 PMDerby: – A new pizzeria the Tipsy Tomato LLC bought Marco Pizzeria Derby LLC and leased space at 656 New Haven Ave., in a deal brokered by Levey Miller Maretz.

Shawn Reilly of Levey Miller Maretz was the sole broker in the deal, in which. Tipsy Tomato leased 3,000 square feet of space from landlord Derby Improvements LLC , member is First Derby Man Corp, of 580 White Plains Road, Tarrytown, NY.

The location is part of a retail plaza on a high-traffic stretch of New Haven Avenue [Route 34 ]. The restaurant has been renovated and is open for business seating 120 patrons.

nevinsNorth Haven: The owners of the Three Sheets bar in downtown New Haven have purchased Nevins Tavern at 630 Washington St., in a deal brokered by Levey Miller Maretz.

Shawn Reilly of Levey Miller Maretz was the sole broker in the deal, in which Rick Ziden and associates bought the business from E J Nevins Inc. for $119,000. Nevins Tavern occupies 2,500 square feet of space and has 65 bar/lounge seats in addition to 40 dining seats.

Screen Shot 2017 06 06 at 7.45.24 PMMilford: The Village Beach House restaurant has leased 4,788 square feet of space at 141 Merwin Avenue.

Steve Miller, principal of Levey Miller Maretz, was the sole broker of the deal in which the restaurant signed a five-year lease with landlord Millwood Properties LLC. The site, which is in the Woodmont section of the city, formerly housed the Beach House Restaurant. It features a spacious bar and cocktail lounge, and large patio.

The owners of the Village Beach House also own and operate the Village Bistro on Boston Post Road in Milford. They plan to open the new eatery, which will serve Mediterranean and American fare, in June.

Screen Shot 2017 06 06 at 7.35.39 PMNew Haven: A dining ware showroom has leased 450 square feet of space at 85 Willow Street, from the new owner investment group, 85 Willow Street Equities LLC., knowns as the [Marlin Business Complex]. The lead LLC member is Robert Kantor, 55 Fifth Avenue, New York.

The lessee is Spence Wells Associates of Needhan Heights, Mass., markets and sells products in the institutional foodservice market – its clients include restaurants, hotels, hospitals, country club, grocery stores, colleges and others. Levey Miller, Maretz’s Amy Nix and Jeremy Rosner

4 8clarkMILFORD – A mixed-use property at 4-8 Clark street has a new owner, Len Napoli. Jeremy

Jeremy Rosner of Levey Miller Maretz represented the seller Dajo Properties LLC. [member Randi Kornblutt ].

The 5,300-square-foot building has two apartments and one office space. Arnold Peck of Arnold Peck’s Commercial World represented the buyer. The sale price for the property was $500,000

house price decline1Boston: The Warren Group publishers of the Commercial Record have released a report on Connecticut single-family home sales. According to their data, Single-family home sales in the Nutmeg state decreased by 4.1 percent in February. This is in contrast to last February’s 30.81 percent year-over-year increase.

A total of 1727 single-family homes were sold in Connecticut during the month of February compared with 1,800 sold in February 2016.

sellect 1024x1024Darien: LCB Senior Living (LCB) of Norwood, Mass has purchased One Parklands Drive, formerly one of two office buildings located in Parklands Office Park.

LCB plans to construct a 100,000-square-foot assisted living community with approximately 100 apartments on a four-acre parcel to be known as The Residence at Selleck’s Woods. The property adjoins the Selleck’s Woods Nature Preserve, which provides public access to a series of walking trails. The existing 25,000-square-foot, two-story building will be renovated and an additional 75,000 square feet will be constructed. Parking will be provided under the new wing.

willing biddle
Willing Biddle Scoops Up FC Retail Properties

Greenwich: Urstadt Biddle Properties Inc. (NYSE:UBA and UBP) has acquired a portfolio of four retail properties located in Fairfield County. The purchase, includes,

High Ridge Shopping Center, an 87,300 square foot shopping center located on High Ridge Road, Stamford, , 300 yards south of the Merritt Parkway. The center is anchored by Trader Joe’s supermarket and DSW shoe store, and 23 additional tenants, including Starbucks, AT&T, Rye Ridge Deli and Pet Valu.

Hayn201703 4709 72Westport: Bedford Square, a new mixed-use development in downtown has garnered top honors from the Connecticut Building Congress. The 110,000-square-foot complex will be recognized for first place in the “Major Renovation” category at CBC’s 21st Annual Project Team Awards on June 13 at the Bond Ballroom in Hartford.

Designed by Centerbrook Architects & Planners, The Bedford Square project team included construction manager Turner Construction, engineering firms BVH Integrated Services and Langan Engineering, and The Chursciel Group.

warren
Warren hooking up with MIT

BOSTON: The Warren Group [TWG ] publisher of the Commercial Record announced it entered into a new data sponsorship agreement with the Massachusetts Institute of Technology’s Center for Real Estate (CRE) in Cambridge.

 TWG’s real estate and property records and statistics will be made available to the CRE’s academic staff and graduate students in order to enhance their research, and further the Center’s mission to “advance the art and science of global real estate, bridging the gap between theory and practice.”

bigstock green stylized tree 26153927North Haven: A 30 acre parcel of “Open Space” land at King Highway was purchased by the Town of North Haven for what is being called “passive recreation purposes,.” And cannot be used for “development.” The seller was the Sinoway Family Partnership of North Haven and the sale price was $447,500. Christopher P. Nolan, Senior Commercial Associate in the North Haven Commercial Office, and Eileen Smith, Residential Sales Associate in the Wallingford Regional l Office, of Pearce Real Estate were the listing and selling agents.

symetry partners amentaBoston: Amenta Emma Architects was honored with two awards at the 10th annual IIDA New England Design Awards ceremony on March 2. Symmetry Partners received Best In Connecticut, and Quinnipiac University Brand Strategy Group won Best In Show, selected from 106 entries in 12 categories.

quinniiacAmenta award office 300x240Best in Show:  Quinnipiac University Brand Strategy Group, Hamden, is a 19th century house that has been transformed into a “21st century powerhouse for ideas for Quinnipiac University’s Brand Strategy Group,” said the company’s release.

800 POST ROADDarien: 800 Post Road a fully leased three-story office and retail property was sold for $4.8 million.  Louis Zuckerman and Patrick Colwell of CBRE Group’s Westchester/Fairfield operations arranged sale of the building representing Hawthorne Realty and procured the buyer. JEM Holdings, a New York-based investment company with “local ownership” acquired the property as a long-term investment

Windsor: Eastern Union Funding arranged $57.9 million financing in multifamily real estate transactions on behalf of two of its New York-based clients.

Senior managing directors Nate Hyman and David Metzger arranged three loans with Customers Bank totaling $35.9 million to refinance Williamsburg Apartments [250 Bloomfield Avenue, Windsor], Northwood Square Apartments [215 Lowrey Place, Newington], and Manor House Apartments (14-2 Revere Drive, Bloomfield).

SLAM Belimo 300x200Danbury:  BELIMO headquartered in Hinwil Switzerland has more than 1400 employees world wide and it emphasizes sustainability and energy efficiency for actuators, control valves and sensors. The company’s BELIMO Americas it’s North American headquarters has just received LEED Gold Certification for its new 195,000 square foot facility  “perched on a 34-acre site.”

Designed by The S/L/A/M Collaborative (SLAM) of Glastonbury, the facility comprises 129,000 square feet of logistics and manufacturing space, 15,000 square feet for test labs, and 51,000 square feet of office space across three stories.

BELIMO is a Switzerland-based company and the recognized global marketer in the development, production, and marketing of actuators, valves, and sensor solutions for controlling heating, ventilation and air-conditioning systems.

According to a release from the architect, the new headquarters “was designed with future expansion in mind, and features an HVAC installation allowing visitors to see BELIMO products in action,” adding,  “BELIMO thrives on design and innovation.”

S/L/A/M said “the project rated 62 points in the LEED Gold Certification category and rated 19 out of 19 points in the energy performance optimization model, projecting 48% in energy savings over the base line.”

SLAM provided architectural design, interior design and structural engineering services while Consulting Engineering Services (CES) served as MEP engineer; Milone & MacBroom served as civil engineer and landscape architect; and A/Z Corporation served as the construction manager on the project.

Losasso Michael AntinozziBridgeport: Michael LoSasso, AIA, LEED|AP BD+C has been named named principal in the architectural and interior design firm, Antinozzi Associates.

LoSasso has been a practicing architect for more than 25 years, joining the Antinozzi as a project architect in 2011. According to the company, “he has worked as senior project manager on several educational and institutional projects.”

 LoSasso received his bachelor of architecture, Environmental Design, and bachelors of science degree from Ball State University in Muncie, IN.

“Since Michael joined our firm he has grown into a leader with tremendous vision, creativity and a unique ability to translate a client’s ideas into concrete, cost-effective designs,” said Paul Antinozzi, president of the firm. 

WILTON WELLNESSWilton: Avison Young’s Fairfield/Westchester office has arranged a new long-term 15,000 square foot lease with the Western Connecticut Medical Group, Inc., an affiliate of the Western Connecticut Health Network, to serve as anchor tenant for the new Wilton Wellness Center currently under development at 249 Danbury Road. AY say’s the “deal will create Fairfield County’s latest medical facility.”

Screen shot 2017 04 18 at 11.35.41 PMMiddletown: The 81 unit Wilcox Apartments at 309 South Main street were sold for $7 million, $86,420 per unit. Rick Chozick and Steve Pappas of the Hartford office of investment broker, Chozick Realty, Inc. brokered the transaction.

champion SUFFIELD BRANCHSuffield: Champion Container has acquired an 80,000 square foot facility at 5 Firestone Drive to serve as a distribution center for the company.  Champion, founded in 1968, is headquartered in Avenel, N.J.  The Suffield location is Champion’s fifth facility joining two in N.J., one in Rosedale, Maryland and one in Sutton, Mass.  The firm distributes a wide range of containers from steel, plastic and fiber drums, pails, cans, bottles and jars. They specialize in “just in time” shipments utilizing their own fleet of trucks.

Greenwich: The Houlihan Lawrence Commercial Group – the commercial arm of real estate firm Houlihan Lawrence, which serves New York City’s northern suburbs – has expanded into Connecticut with agent Michael Rackenberg as team leader. The company has said it will serve communities throughout Fairfield County including New Canaan, Greenwich and Stamford. Realtors, Terry Baxendale, Jim Higgins, Peter Wells and Teresa Marziano have joined the firm as well.

nutmegOrange: Nutmeg State Financial Credit Union has opened a new location within the ShopRite on Bull Hill Lane in Orange. This is Nutmeg’s the first branch in the New Haven County area.

The supermarket based location will be a full-service branch and ATM with what the company says is  “a technology focus, educating members on the ease of use for our e-services. “

936 silasWethersfield: Phil Gagnon, SIOR of Colliers International represented the CT Peer Review Organization (CPRO) based in Wethersfield on their purchase of 936 Silas Deane Highway.  The 44,000 SF Class B office building, was sold for $2,100,000. CPRO will occupy a portion of the building and this acquisition accommodates CPRO's occupancy growth under their five-year operational strategy. This represents the third time Gagnon had brokered the sale of 936 Silas Deane dating back to 1998. Patrick Mulready of CBRE represented the seller, PBE Companies LLC.

cindysWestbrook: Cindy’s Wine and Spirits LLC, signed a 5 year lease agreement for 4,400 square foot retail location at 688 Boston Post Road. Joel Galvin, GRI, CCS, of Pearce Real Estate’s North Haven Commercial Office represented the landlord, RCR Enterprises, and the tenant.

Colonial 297 Boston Post 150x150
Great Expressions Dental takes space Aspen Dental left

Milford: Ameritel of Milford (Metro PCS) at 70 Turnpike Square signed a new five-year lease for 980 square feet of retail space at the site. Fred Messore Senior VP of Colonial Properties of Orange represented the owner, Milford Associates.

Orange: Kevin Weirsman, vice president at Colonial Properties, Inc., represented the landlord, Prime Realty LLC, in negotiating a 5-year lease with Great Expressions Dental at 297 Boston Post Road.  The 2,500 square foot  medical space was previously occupied by Aspen Dental.  The tenant was represented by Alan Zuckerman of Alan Zuckerman Real Estate

750 main street hartfordHartford: Dale Reese, managing principal of Reese Commercial Real Estate Services represented Zangari Cohn Cuthbertson Duhl & Grello P.C. in a 2,500 square foot lease in downtown at 750 Main Street. The landlord Boxer Properties represented 750 Main LP at The Hartford Trust Building. 

1469Milford: Two contiguous retail sites on the Boston Post Road have been sold. 1469 Boston Post Road, the former Loading Dock Liquors, consists of a 9,000 square foot of retail building on .92 acres.  1501 Boston Post Road, is a 10,440 square foot one and two story retail/office building set on .70 acres.  The total site is 1.62 acres.

The sales price for the two properties was $1.55 million, Press|Cuozzo Commercial Services represented the sellers, Shemitz Associates Limited Partnership and procured the buyer, 1501 Boston Post Road, LLC. Jon Lorensen of Boca Raton, FL is listed in the Secretary of State’s Office as the member for the LLC.