Connecticut Archives - REBusinessOnline https://rebusinessonline.com/category/northeast/connecticut/ Commercial Real Estate from Coast to Coast Thu, 30 Apr 2026 13:54:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Connecticut Archives - REBusinessOnline https://rebusinessonline.com/category/northeast/connecticut/ 32 32 Reports: Walmart Acquires East Hartford Industrial Building for $212M https://rebusinessonline.com/reports-walmart-acquires-east-hartford-industrial-building-for-212m/ Thu, 30 Apr 2026 13:45:00 +0000 https://rebusinessonline.com/?p=455656 EAST HARTFORD, CONN. — An affiliate of Walmart has acquired an industrial building in East Hartford for approximately $212 million, according to reports from multiple local news outlets, including CT Insider and the Hartford Business Journal. The building is one of two within the 2.5 million-square-foot East Hartford Logistics & Technology Park, which was completed in 2024. The latter publication reports that the building was previously slated for use by Wayfair, but the Massachusetts-based furniture company “never fully occupied the space and later sought to sublease the building.” The seller was a joint venture between PGIM and National Development.

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JLL Brokers Sale of 641,631 SF Industrial Portfolio in Hartford County, Connecticut https://rebusinessonline.com/jll-brokers-sale-of-641631-sf-industrial-portfolio-in-hartford-county-connecticut/ Tue, 28 Apr 2026 13:43:46 +0000 https://rebusinessonline.com/?p=455483 HARTFORD COUNTY, CONN. — JLL has brokered the sale of the New England Tradeport Shallow Bay Portfolio, a collection of nine industrial buildings totaling 641,631 square feet in Hartford County. The portfolio features an average building size of 71,292 square feet, average vintage of 1997 and an average clear height of 25 feet. John Huguenard, Michael Restivo, David Coffman, Tommy Hovey and Shawn McMahon of JLL represented the seller, INDUS Realty Trust, in the transaction. The buyer and sales price were not disclosed. The portfolio was 98 percent leased to 19 tenants at the time of sale.

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CBRE Negotiates $21.4M Sale of Shopping Center in Wallingford, Connecticut https://rebusinessonline.com/cbre-negotiates-21-4m-sale-of-shopping-center-in-wallingford-connecticut/ Mon, 27 Apr 2026 14:00:29 +0000 https://rebusinessonline.com/?p=455376 WALLINGFORD, CONN. — CBRE has negotiated the $21.4 million sale of a 115,000-square-foot shopping center in Wallingford, located roughly midway between Hartford and New Haven. Wallingford Fair Shopping Center is home to a ShopRite supermarket, Petco store and a self-storage facility. Nat Heald, Jordana Roet, Connor Scott and Kyle Juszczyszyn of CBRE represented the seller and procured the buyer in the transaction. Both parties requested anonymity.

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Harrison Street Acquires Two Seniors Housing Communities in Southern Connecticut https://rebusinessonline.com/harrison-street-acquires-two-seniors-housing-communities-in-southern-connecticut/ Thu, 23 Apr 2026 13:25:20 +0000 https://rebusinessonline.com/?p=455198 DARIEN AND STAMFORD, CONN. — Chicago-based owner-operator Harrison Street has acquired two seniors housing communities totaling 216 units in southern Connecticut. The Residence at Selleck’s Woods in Darien totals 102 independent living, assisted living and memory care units and was completed in 2019. Amenities include a private theater, billiards room, salon, library, activity space and restaurant-style dining rooms. The Residence at Summer Street in Stamford features 104 units of independent living, assisted living and memory care and offers similar amenities. Jay Wagner, Rick Swartz, Aaron Rosenzweig and Jim Dooley of JLL represented the seller, a partnership between LCB Senior Living and Virtus Real Estate Capital, in the transaction.

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CBRE Arranges Sale of Three-Building Medical Office Portfolio in Stamford, Connecticut https://rebusinessonline.com/cbre-arranges-sale-of-three-building-medical-office-portfolio-in-stamford-connecticut/ Tue, 21 Apr 2026 13:36:36 +0000 https://rebusinessonline.com/?p=454933 STAMFORD, CONN. — CBRE has arranged the sale of a portfolio of three medical office buildings in the southern coastal Connecticut city of Stamford. The portfolio’s square footage was not disclosed. The buildings at 945, 999 and 1275 Summer Street are home to 15 different medical and dental practices in fields such as orthopedics, pediatrics, orthodontics and female reproductive health. Jeff Dunne, Steve Bardsley, Travis Langer, Brannan Knott and Chris Bodnar of CBRE represented the seller, Summer Street Properties, in the transaction. CBRE also procured the buyer, an affiliate of Albany Road Real Estate Partners.

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Newmark Provides $111.4M Agency Loan for Refinancing of Multifamily Property in Danbury, Connecticut https://rebusinessonline.com/newmark-provides-111-4m-agency-loan-for-refinancing-of-multifamily-property-in-danbury-connecticut/ Fri, 17 Apr 2026 13:30:00 +0000 https://rebusinessonline.com/?p=454714 DANBURY, CONN. — Newmark has provided a $111.4 million Fannie Mae loan for the refinancing of Abbey Lane Apartments, a 470-unit multifamily property located in the southern Connecticut city of Danbury. Abbey Lane Apartments features studio, one-, two- and three-bedroom units that are furnished with stainless steel appliances and in-unit washers and dryers. Select residences offer private patios or balconies. Amenities include a pool, coworking lounge and a children’s playroom. Rob Cantizano, Greg Primiano and Deric Obeldobel of Newmark originated the financing on behalf of the owner, Abacus Capital Group.

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Greystone Funds $49.2M Agency Refinancing for Apartment Building in Norwalk, Connecticut https://rebusinessonline.com/greystone-funds-49-2m-agency-refinancing-for-apartment-building-in-norwalk-connecticut/ Fri, 17 Apr 2026 13:20:00 +0000 https://rebusinessonline.com/?p=454712 NORWALK, CONN. — Greystone has funded a $49.2 million Fannie Mae loan for the refinancing of SoNo Central, a 150-unit apartment building located in the southern coastal Connecticut city of Norwalk. Built in 2024, SoNo Central rises six stories and offers studio, one- and two-bedroom residential units in addition to 12 commercial spaces. Amenities include a pool, fitness center, community great room, bocce ball court and outdoor grilling and dining stations. Clint Darby and Andrew Remenschneider of Greystone originated the financing on behalf of the owner, Spinnaker Real Estate Partners.

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UniUni Logistics Signs 43,104 SF Industrial Lease in Meriden, Connecticut https://rebusinessonline.com/uniuni-logistics-signs-43104-sf-industrial-lease-in-meriden-connecticut/ Wed, 15 Apr 2026 13:05:46 +0000 https://rebusinessonline.com/?p=454547 MERIDEN, CONN. — UniUni Logistics Inc. has signed a 43,104-square-foot industrial lease in Meriden, located roughly midway between Hartford and New Haven. The space is located within the 119,775-square-foot building at 45 Gracey Ave. Mark Berkowitz of local brokerage firm O,R&L Commercial represented the landlord in the lease negotiations. Damon Bowers of Cushman & Wakefield represented UniUni Logistics.

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IPA Brokers $15.4M Sale of Shopping Center in Derby, Connecticut https://rebusinessonline.com/ipa-brokers-15-4m-sale-of-shopping-center-in-derby-connecticut/ Mon, 30 Mar 2026 13:16:19 +0000 https://rebusinessonline.com/?p=453381 DERBY, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $15.4 million sale of Derby Shopping Center, a 170,683-square-foot shopping center located about eight miles west of New Haven. Built in phases from 1985 to 2023 and anchored by Lowe’s Home Improvement, the center is also home to tenants such as Splash Car Wash, Webster Bank and Dunkin.’ Jim Koury of IPA, along with Henry McKenney and John Krueger of Marcus & Millichap, represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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RFR Unveils Plans for Repositioning of Stamford Office Building https://rebusinessonline.com/rfr-unveils-plans-for-repositioning-of-stamford-office-building/ Fri, 20 Mar 2026 14:15:00 +0000 https://rebusinessonline.com/?p=452783 STAMFORD, CONN. — New York City-based owner-operator RFR has unveiled plans for the repositioning of 300 Atlantic Street, a 300,000-square-foot office building in Stamford. Plans call for 10,000 square feet of additional amenity space, including a new tenant lounge, as well as a new offering of prebuilt suites. RFR also plans to elevate the building’s food-and-beverage offerings and enhance other amenity spaces, including fitness and conferencing facilities, as well as to update building exteriors and streetscape design. Ownership has tapped Newmark to lease the building.

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Chozick Realty Negotiates $4.6M Sale of Apartment Complex in New London, Connecticut https://rebusinessonline.com/chozick-realty-negotiates-4-6m-sale-of-apartment-complex-in-new-london-connecticut/ Fri, 20 Mar 2026 14:00:00 +0000 https://rebusinessonline.com/?p=452777 NEW LONDON, CONN. — Locally based brokerage firm Chozick Realty has negotiated the $4.6 million sale of a 38-unit apartment complex in the coastal Connecticut city of New London. Garfield Avenue Apartments consists of two three-story buildings that exclusively house one-bedroom units. Jordan Pinto led the Chozick team that brokered the deal. The buyer and seller were not disclosed.

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CBRE Arranges $98.2M Sale of Retail Power Center in South Windsor, Connecticut https://rebusinessonline.com/cbre-arranges-98-2m-sale-of-retail-power-center-in-south-windsor-connecticut/ Thu, 19 Mar 2026 13:50:00 +0000 https://rebusinessonline.com/?p=452701 SOUTH WINDSOR, CONN. — CBRE has arranged the $98.2 million sale of The Shops at Evergreen Walk, a 357,742-square-foot retail power center in South Windsor, located just outside of Hartford. Whole Foods Market anchors the center, which is also home to tenants such as lululemon, Golf Lounge 18, J.Crew Factory, Gap Factory, Nike, Bluemercury, L.L. Bean, Apple, Anthropologie, Pottery Barn and Williams-Sonoma. Nat Heald led the CBRE team that represented the seller, PGIM, in the transaction. The buyer was a joint venture between Brand Street Properties and Barings. JLL structured the joint venture and also arranged $76.9 million in acquisition financing through an unnamed international bank for the deal.

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Whole Foods Debuts 42,000 SF Store in Cheshire, Connecticut https://rebusinessonline.com/whole-foods-debuts-42000-sf-store-in-cheshire-connecticut/ Fri, 13 Mar 2026 14:40:55 +0000 https://rebusinessonline.com/?p=452361 CHESHIRE, CONN. — Whole Foods Market has debuted  a 42,000-square-foot store in Cheshire, located roughly midway between Hartford and New Haven. The store features full-service meat and seafood counters, a bakery, prepared foods section, wellness and beauty section and a selection of more than 200 craft beers. A grand opening ceremony took place on Thursday, Feb. 5.

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Marcus & Millichap Negotiates $9.2M Sale of Marriott-Branded Hotel in Wallingford, Connecticut https://rebusinessonline.com/marcus-millichap-negotiates-9-2m-sale-of-marriott-branded-hotel-in-wallingford-connecticut/ Thu, 12 Mar 2026 13:15:04 +0000 https://rebusinessonline.com/?p=452234 WALLINGFORD, CONN. — Marcus & Millichap has negotiated the $9.2 million sale of a 116-room, Marriott-branded hotel in Wallingford, located north of New Haven. The four-story hotel at 100 Miles Drive was built in 1985 as a Susse Chalet hotel but has been operated under the Fairfield Inn & Suites brand since 2001. Jerry Swon, Andrew Kern and John Krueger of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Marcus & Millichap Negotiates $14.3M Sale of Shopping Center in Rocky Hill, Connecticut https://rebusinessonline.com/marcus-millichap-negotiates-14-3m-sale-of-shopping-center-in-rocky-hill-connecticut/ Tue, 10 Mar 2026 13:35:31 +0000 https://rebusinessonline.com/?p=452058 ROCKY HILL, CONN. — Marcus & Millichap has negotiated the $14.3 million sale of Big Y Plaza, a 60,497-square-foot shopping center in Rocky Hill, located south of Hartford. Built on 14 acres in 1988, the center was fully leased at the time of sale to the namesake grocer and Wells Fargo. Joseph French Jr., Jeffrey Stearney and John Krueger of Marcus & Millichap represented the Connecticut-based seller in the transaction and procured the buyer, a New York-based investor. Both parties requested anonymity.

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O,R&L Commercial Negotiates $2.7M Sale of Industrial Building in Plainville, Connecticut https://rebusinessonline.com/orl-commercial-negotiates-2-7m-sale-of-industrial-building-in-plainville-connecticut/ Mon, 09 Mar 2026 13:19:34 +0000 https://rebusinessonline.com/?p=451930 PLAINVILLE, CONN. — Locally based brokerage firm O,R&L Commercial has negotiated the $2.7 million sale of a 36,000-square-foot industrial building in Plainville, located southwest of Hartford. The building at 7 Johnson Ave. was fully leased at the time of sale to two tenants: M&S Building Systems and World Fulfillment. Jay Morris of O,R&L represented the seller in the transaction, and David Murdock of Sentry Commercial represented the buyer. Both parties were limited liability companies that requested anonymity.

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Newmark Arranges $51.8M Acquisition Loan for Stamford Office Building https://rebusinessonline.com/newmark-arranges-51-8m-acquisition-loan-for-stamford-office-building/ Fri, 27 Feb 2026 15:24:49 +0000 https://rebusinessonline.com/?p=451390 STAMFORD, CONN. — Newmark has arranged a $51.8 million acquisition loan for Metro Center, a 282,589-square-foot office building in the southern coastal Connecticut city of Stamford. Metro Center was originally built in 1987 and has undergone more than $12 million in recent capital improvements. Tenants include law firm Robinson + Cole and Roth Capital. Christopher Kramer, Chris Lozinak and Jordan Roeschlaub of Newmark arranged the loan through Knighthead Funding on behalf of the new owner, local investment firm HB Nitkin Group. Newmark also represented the undisclosed seller in the disposition of the building and has been retained as the leasing agent.

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CBRE Brokers Sale of 945,000 SF Office Park in Norwalk, Connecticut https://rebusinessonline.com/cbre-brokers-sale-of-945000-sf-office-park-in-norwalk-connecticut/ Fri, 27 Feb 2026 14:59:35 +0000 https://rebusinessonline.com/?p=451388 NORWALK, CONN. — CBRE has brokered the sale of a four-building, 945,000-square-foot office park in the southern coastal Connecticut city of Norwalk. The buildings are part of a larger, six-building development known as Merritt 7, which houses the headquarters of companies such as Xerox, Terex, Emcor, Hearst Connecticut Media Group, Common Fund, Datto/Kaseya, MBI and LBB Specialties. Jeff Dunne, Steven Bardsley and Travis Langer of CBRE represented the seller, an entity doing business as Merritt 7 Venture LLC, in the transaction. The duo also procured the buyer, New York-based Argent Ventures.

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CBRE Brokers $27.7M Sale of Office Complex in Glastonbury, Connecticut https://rebusinessonline.com/cbre-brokers-27-7m-sale-of-office-complex-in-glastonbury-connecticut/ Wed, 25 Feb 2026 15:05:00 +0000 https://rebusinessonline.com/?p=451157 GLASTONBURY, CONN. — CBRE has brokered the $27.7 million sale of an office complex within the Somerset Square mixed-use development in Glastonbury, located just southeast of Hartford. The two-building, 185,000-square-foot complex was 95 percent leased at the time of sale to 38 tenants, including Wells Fargo, Merrill Lynch and RBC Capital Advisors. John McCormick, Anna Kocsondy, Jeffrey Dunne and Steve Bardsley of CBRE represented the undisclosed seller in the transaction. The buyer was a New York-based entity doing business as Unified Holdings of Glastonbury LLC.

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JLL Brokers $44.4M Sale of Shopping Center in Bristol, Connecticut https://rebusinessonline.com/jll-brokers-44-4m-sale-of-shopping-center-in-bristol-connecticut/ Fri, 20 Feb 2026 14:32:52 +0000 https://rebusinessonline.com/?p=450871 BRISTOL, CONN. — JLL has brokered the sale of Bristol Plaza, a 263,829-square-foot shopping center located approximately 20 miles southwest of Hartford, for $44.4 million. Anchored by regional grocer Stop & Shop, Bristol Plaza was 93.1 percent leased at the time of sale. Other tenants include T.J. Maxx, Burlington, Dollar Tree and Starbucks. Chris Angelone, Zach Nitsche, Alex Quinn, Sam Wiesman and Henry Schaffer of JLL represented the seller, Federal Realty Investment Trust, in the deal. The buyer was Sterling Organization.

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