Connecticut
Exchange Buyer Claims Freestanding Walgreens
A 1031 exchange buyer based in St. Helena, CT is now the owner of a 14,577-square-foot, freestanding Walgreens drugstore in… Read more
Construction Milestone Reached on CT Ambulatory Care Center
Rendina Healthcare Real Estate continues to make progress on the development of Bristol Hospital’s new 62,000-square-foot Ambulatory Care Center (ACC)… Read more
First Major Theme Park Development in Northeast Unveiled
U.K.-based Merlin Entertainments unveiled plans for a 150-acre Legoland NY Resort, a family theme park in Goshen, NY. Legoland New… Read more
Next Generation Honoree: Brian Scruton Demonstrates True Grit
Brian Scruton joined Cushman & Wakefield in 2007 directly from Cornell University, where he was an accomplished student and captain… Read more
HFF Secures JV Equity for Stamford Apartment Buys
Joint venture equity of $8.4 million for the acquisition of The Moderne and The Verano, two apartment communities totaling 116… Read more
MMCC Arranges $7.6M Cash-Out Loan on Shelton Apartments
Marcus & Millichap Capital Corp. has arranged a $7.6-million non-recourse loan to refinance a mixed-use property with 43 apartments and… Read more
Clean Energy Backs a $103M Securitization
The first securitization backed exclusively by Commercial Property Assessed Clean Energy (C-PACE) property assessments closed last week as a $103-million,… Read more
Vacancies Reach 18-Year Low as E-Commerce Keeps Growing
Industrial vacancies nationally have reached their lowest point since 2000, Dallas-based valuation advisory firm BBG said Tuesday. The second quarter… Read more
HFF Brokers Sale of Conference-Center Hotel
HFF has arranged the sale of Dulce Norwalk, a 120-room, full-service, conference-center hotel in the heart of Norwalk, CT. The… Read more
Law Firm Day Pitney Relocates Within Stamford
Law firm Day Pitney LLP is relocating its Stamford, CT offices to 1 Stamford Plaza. The 19,450-square-foot lease, which commences… Read more
Greenwich Associates Recommits to Stamford with 42K-SF Lease
Greenwich Associates has renewed its 41,928-square-foot lease for its headquarters at 6 High Ridge Park within Stamford, CT’s 590,000-square-foot High… Read more
Arch Street Sells 2.8M-SF, Seven-State Industrial Portfolio
Greenwich, CT-based Arch Street Capital Advisors, LLC divested 11 properties located across seven states totaling roughly 2.8 million square feet… Read more
Simone Adds to Industrial Portfolio with Stamford Deal
Simone Development Companies has acquired 316 Courtland Ave. a 118,500-square-foot property in Stamford, CT, featuring warehouse/R&D and office space from… Read more
Del Frisco’s Pays $325M for Barteca Restaurant Group
Del Frisco’s Restaurant Group Inc., headquartered in Irving, TX, entered into a definitive agreement to acquire Barteca Restaurant Group for… Read more
Penwood Picks Up Pennsylvania Industrial Asset
Hartford, CT-based Penwood Select Industrial Partners, VLP purchased 6345 Brackbill Boulevard in Mechanicsburg, PA for a reported $33.1 million. The… Read more
A Large Look into Small Balance Loans
In 2014, the Federal Home Loan Mortgage Corp. entered the small balance loan arena, backing $4.6 million loans in the… Read more
Konica Minolta Consolidates Operations in Twin Sale-Leasebacks
Cushman & Wakefield has arranged dual sale-leaseback transactions on behalf of Konica Minolta Business Solutions USA, enabling the consolidation of… Read more
NKF Closes $85M Bridge Financing for The Met Hollywood
NKF Capital Markets closed an $85-million, non-recourse, floating rate, first mortgage loan for The Met Hollywood, a mixed-use multifamily property… Read more
Starwood Closes $7.6B Fund, Largest in Firm History
Greenwich, CT-based Starwood Capital Group closed its 11th opportunistic real estate fund, Starwood Global Opportunity Fund XI (SOF XI). With… Read more