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ConnecticutDevelopmentMultifamilyNortheast

Winchester Partners Completes 283-Unit Mixed-Income Apartment Project in New Haven, Connecticut

by Taylor Williams

NEW HAVEN, CONN. — Winchester Partners, which is a joint venture between an affiliate of L+M Development and Twining Properties, has completed The Winston, a 283-unit mixed-income apartment building in New Haven. The Winston is part of the initial phase of Science Park, a $92.5 million redevelopment of the former Winchester Repeating Arms Co. factory complex, which closed in 1981. Units range from studios to three-bedrooms, and roughly 20 percent (57 residences) are designated as affordable housing for renters earning 50 percent or less of the area median income. The five-story building also houses 12,800 square feet of retail space and amenities such as a pool, fitness center with a yoga studio, coworking space and a resident library. Beinfield Architecture designed the building, construction of which was financed by The Urban Investment Group at Goldman Sachs Alternatives and KeyBank.

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AcquisitionsConnecticutMultifamilyNortheast

IPA Negotiates Sale of 114-Unit Highrailer Apartments in New Britain, Connecticut

by Taylor Williams

NEW BRITAIN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Highrailer, a 114-unit apartment complex in New Britain, located southwest of Hartford. Completed earlier this year, The Highrailer offers one- and two-bedroom units and amenities such as a second-story terrace, fitness center and a pet spa. Victor Nolletti, Eric Pentore, Wes Klockner and Ross Friedel of Marcus & Millichap represented the seller, Jasko Development, in the transaction and procured the undisclosed buyer. The sales price was also not disclosed.

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ConnecticutLoansMultifamilyNortheast

Newmark Provides $115.6M Agency Loan for Refinancing of Southern Connecticut Multifamily Properties

by Taylor Williams

EAST LYME, CONN. — Newmark has provided a $115.6 million Freddie Mac loan for the refinancing of The Cove at Gateway Commons and Sound at Gateway Commons, two multifamily properties located in the southern coastal Connecticut city of East Lyme. The number of units was not disclosed. Both properties offer one-, two- and three-bedroom units, while Sound at Gateway Commons also has studio apartments. Avi Kozlowski of Newmark originated the 10-year, fixed-rate loan. The sponsor was not disclosed, but both communities are listed on the website of Berkley Properties.

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ConnecticutIndustrialLeasing ActivityNortheast

Glory Tempering Glass Signs 77,000 SF Industrial Lease in Bristol, Connecticut

by Taylor Williams

BRISTOL, CONN. — Glory Tempering Glass has signed a 77,000-square-foot industrial lease in Bristol, located southwest of Hartford. The provider of specialty glass products and services will relocate from New York to the building at 575 Broad St., expanding its manufacturing capacity and footprint in the process. David Sherman and Sean Cahill of Avison Young represented the tenant in the lease negotiations. Ed Godin and Michael Grieder of Godin Property Group represented the undisclosed landlord.

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AcquisitionsConnecticutMultifamilyNortheast

Avison Young Negotiates $19.1M Sale of Apartment Building in Wethersfield, Connecticut

by Taylor Williams

WETHERSFIELD, CONN. — Avison Young has negotiated the $19.1 million sale of Ridge275, a 64-unit apartment building in Wethersfield, located just south of Hartford, that was built in 2019. According to Apartments.com, Ridge275 offers one- and two-bedroom units that range in size from 850 to 1,230 square feet and amenities such as a pool, fitness center, business center and a resident clubhouse. The name of both the seller and the buyer, a Long Island-based developer, were not disclosed.

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AcquisitionsConnecticutMultifamilyNortheast

IPA Brokers Sale of 269-Unit Apartment Complex in Newington, Connecticut

by Taylor Williams

NEWINGTON, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Millyard at Meadow Commons, a 269-unit apartment complex in Newington, a southern suburb of Hartford. Built in 2025, the property features studio, one-, two- and three-bedroom units and amenities such as a pool, outdoor grilling and dining stations, resident lounge and a game room. Victor Nolletti, Eric Pentore and Wes Klockner of IPA represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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AcquisitionsConnecticutMultifamilyNortheast

Chozick Realty Negotiates $3.2M Sale of Hartford Apartment Building

by Taylor Williams

HARTFORD, CONN. — Locally based brokerage firm Chozick Realty has negotiated the $3.2 million sale of 16 Groton Street, a 35-unit apartment building located in Hartford’s South End neighborhood. According to Apartments.com, the building was originally constructed in 1920 and houses studio, one- and two-bedroom units that are furnished with stainless steel appliances and granite countertops. The building also recently underwent capital improvements to unit interiors and select common areas. Steve Pappas and Tess Cullen of Chozick Realty represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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CaliforniaCompany NewsConnecticutIndustrialNortheastTop StoriesWestern

Sachem Capital, IRG Enter Into Agreement to Create $3.4B Industrial REIT

by Taylor Williams

BRANFORD, CONN. AND LOS ANGELES — Sachem Capital Corp. (NYSE: SACH), a Connecticut-based real estate finance company, and Los Angeles-based Industrial Realty Group (IRG) have entered into a definitive contribution agreement to form a new industrial REIT with a market value of $3.4 billion. The deal is expected to close by the end of the year. Under the terms of the agreement, IRG will contribute 98 industrial properties from its portfolio of 200 assets to Sachem. Once complete, the newly formed company will operate as IRG Realty Trust Inc. (IRGT) and is expected to have an industrial portfolio with a gross real estate asset value of $2.9 billion. In addition, the new company will carry Sachem’s approximately $470 million (as of March 31, 2026) in direct and indirect mortgage loans, investments in developmental and owned real estate and other assets. The transaction values Sachem’s common shares at $2 per share, representing a 90 percent premium to the company’s 30‑day volume weighted average price. Upon closing, IRGT Inc. will focus on mission‑critical industrial infrastructure that supports manufacturing and distribution users. Assets that are not being contributed will continue to be owned and operated by IRG’s existing private business. “This accretive transaction …

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AcquisitionsConnecticutNortheastOffice

Cushman & Wakefield Brokers Sale of 288,795 SF Office Campus in Wallingford, Connecticut

by Taylor Williams

WALLINGFORD, CONN. — Cushman & Wakefield has brokered the sale of The Campus at Greenhill, a 288,795-square-foot office development in Wallingford, located roughly midway between Hartford and New Haven. The Campus at Greenhill was built in 2012 on a 100-acre site that includes land for future expansion and offers amenities such as a fitness center and a full-service cafeteria. Matt Torrance, Al Mirin and Bob Motley of Cushman & Wakefield brokered the deal. The seller was undisclosed, and the buyer was regional investment and development firm KS Partners.

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AcquisitionsConnecticutMultifamilyNortheastStudent Housing

Chozick Realty Arranges $3M Sale of Student Housing Building in Mansfield, Connecticut

by Taylor Williams

MANSFIELD, CONN. — Locally based brokerage firm Chozick Realty has arranged the $3 million sale of Eagle Court Apartments, a 40-bed student housing building in Mansfield that serves students at the University of Connecticut. Each unit at Eagle Court, which has maintained full occupancy over the past decade, has four bedrooms and comes fully furnished. Tom Boyle of Chozick Realty represented the undisclosed seller in the transaction. The buyer was also not disclosed.

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