TRUMBULL, CONN. — Aphorio Carter, a data center investment firm and division of Carter Funds, has acquired a colocation facility in Trumbull, located in southern coastal Connecticut. The facility, which was originally built in 1960, spans 8.2 acres and comprises two data center pods and one disaster recovery pod. In addition, the 227,552-square-foot property features a power capacity of 15 megawatts and was leased to five tenants at the time of sale. The seller was not disclosed.
NEW HAVEN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of 200 Fountain, a 158-unit apartment complex in New Haven. Built in 1963, the property offers studio, one-, two- and three-bedroom units and amenities such as a resident lounge, library, fitness center and a business center. Victor Nolletti, Eric Pentore, Wes Klockner and Ross Friedel of IPA represented the seller and procured the buyer, both of which were limited liability companies, in the transaction.
EAST HAVEN, CONN. — Marcus & Millichap has brokered the $7.1 million sale a 210,314-square-foot industrial property in East Haven that serves as the headquarters of Town Fair Tire. The 38.5-acre property features 207,000-square-foot distribution center with 20,000 square feet of office space, a freestanding call center and a 176-stall trailer parking/storage area. Harrison Klein, Jim Koury and Alex Quinn of Marcus & Millichap represented the seller, Mellen East Haven Associates LLC, in the transaction and procured the undisclosed buyer.
BRIDGEPORT, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the $9.9 million sale of the 86-unit Bridgeport Commons Apartments in southern coastal Connecticut. The property consists of two buildings that were originally built between 1967 and 1970 and house nine studios, 73 one-bedroom units and four two-bedroom units. Brad Balletto, Rich Edwards and Robert Paterno of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
HARTFORD, CONN. — Locally based brokerage firm O,R&L Commercial has negotiated the $12 million sale of two facilities in Hartford that are operated by the Materials Innovation & Recycling Authority (MIRA). The facility at 211 Murphy Road is a 92,616-square-foot industrial building that includes a weigh station and access rights to a railspur and was also the former home of The Trash Museum. The adjacent property at 171 Murphy Road is a one-story, 19,200-square-foot industrial building. Luke Massirio and Thom Wilks of O,R&L brokered the deal on behalf of MIRA. The buyers were not disclosed.
MANCHESTER, CONN. — New York-based operator Connect55+ has begun leasing a 128-unit active adult community located at 140 Spencer St. in Manchester, about 10 miles east of Connecticut. Connect55+ Manchester offers one- and two-bedroom apartments that all have private patios/balconies. Amenities include a movie theater, fitness center, library and a community center. Information on starting rents was not disclosed. The facility is the first in Connecticut for Connect55+.
STAMFORD, CONN. — Whole Foods Market will open a 44,648-square-foot store in Stamford, located in southern coastal Connecticut, on Thursday, Dec. 12. The space at 110 High Ridge Road previously housed a Lord & Taylor store, and the renovated space is inspired by the former store’s layout. The store will feature full-service meat and seafood counters, a bakery, prepared foods section and a wellness and beauty section, as well as a selection of more than 200 craft beers.
NEW HAVEN, CONN. — Locally based investment firm Water Street Properties has acquired an interest in a 252,000-square-foot office building in New Haven. The percentage was not disclosed. The building is located within the Long Wharf Maritime Center development and is home to tenants such as Ameriprise, Barclay Damon, Knights of Columbus, Morgan Stanley and Tek System. Evan O’Brien of Cushman & Wakefield arranged the sale of the interest from Knights of Columbus to Water Street, which now has operating control of the building, and has also been retained as the leasing agent.
GROTON, CONN. — Atlantic Capital Partners, a regional brokerage firm and division of Atlantic Retail, has arranged the $15.1 million sale of Groton Shopper Mart, a 171,858-square-foot retail property in southern coastal Connecticut. Big Y Supermarket anchors the center, which was 77 percent leased at the time of sale. Other tenants include Starbucks, CVS and Chase Bank. Justin Smith, Chris Peterson, Sam Koonce and Danielle Donovan of Atlantic Capital Partners represented the buyer and seller, both of which requested anonymity, in the transaction. Stephen Joseph and Stephen Hassenflu, also with Atlantic Capital Partners, arranged an undisclosed amount of acquisition financing for the deal.
BRIDGEPORT, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has arranged the $9.9 million sale of Bridgeport Commons Apartments, an 86-unit multifamily property in southern coastal Connecticut. The two-building property was originally built between 1967 and 1970 and is located directly across the street from Bridgeport Hospital. The unit mix comprises nine studios, 73 one-bedroom apartments and four two-bedroom residences. Brad Balletto, Rich Edwards and Robert Paterno of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
Newer Posts