SHELTON, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Huntington Townhomes, a 99-unit multifamily property in Shelton, located in southern coastal Connecticut. Built on seven acres in 2008, the property features 86 townhomes and 13 two- and three-bedroom apartments with an average size of 1,414 square feet. Amenities include a pool, fitness center and outdoor grilling and dining stations. Victor Nolletti, Eric Pentore, Wes Klockner and Ross Friedel of IPA represented the seller, Inland Private Capital Corp., and the buyer, Beachwold Residential, in the transaction.
NORWICH, CONN. — Locally based brokerage firm O,R&L Commercial has arranged the sale of a 57,000-square-foot industrial building in Norwich. The sales price was $3.3 million. The building at 243 Vergason Ave. sits on 10 acres and was 53 percent leased at the time of sale, with IT and engineering firm American Systems Inc. occupying 30,000 square feet. Frank Hird and Will Braun of O,R&L represented the seller and procured the buyer, both of which were limited liability companies that requested anonymity, in the transaction.
GROTON, CONN. — Regional brokerage firm Northeast Private Client Group (NECPG) has negotiated the $9.2 million sale of a portfolio of three multifamily properties totaling 68 units in Groton, located in southern coastal Connecticut. The portfolio comprises a 20-unit building known as Thamesport Apartments, as well as a 24-unit building at 46 Hynes Ave. and a 24-unit complex at 183-221 Brandegee Ave. Brad Balletto and Taylor Perun of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
NEW HARTFORD, CONN. — Marcus & Millichap has brokered the sale of All Star Storage, a 350-unit self-storage facility in New Hartford, located west of the state capital. Built on 8.9 acres in 2016 and renovated in 2023, the seven-building property offers a mix of climate- and non-climate-controlled units. Nathan Coe, Gabriel Coe and Brett Hatcher of Marcus & Millichap, in conjunction with Patrick Lemp with Ascendant Valuation Advisors, represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed. John Krueger of Marcus & Millichap assisted in closing the deal as the broker of record.
NEW HAVEN, CONN. — Pikalo Foods, a family-owned, wholesale provider of empanadas, has signed a 20,280-square-foot industrial lease in New Haven. According to LoopNet Inc., the building at 145 Hamilton St. was originally constructed in 1965. Mark Glassman of Arnold Peck’s Commercial World represented the tenant in the lease negotiations. Carl Russell and Chris Nolan of Pearce Real Estate represented the landlord, a New York-based entity doing business as 145 Hamilton LLC.
GREENWICH, CONN. — Marcus & Millichap has brokered the $19 million sale of a four-building, 47,256-square-foot mixed-use portfolio in Greenwich, located in southern coastal Connecticut. Known as the Nolan Thomas Portfolio, the properties comprise 17 retail spaces, 17 office suites, 10 apartments and an 11,226-square foot, single-story warehouse. Stephen Westerberg of Marcus & Millichap represented the undisclosed seller in the transaction. The buyer was also not disclosed.
GREENWICH, CONN. — Sterling Investment Partners has signed a 15,000-square-foot office lease in the southern coastal Connecticut city of Greenwich. The private equity firm is taking space at 145 Mason Street, a newly renovated building located in the downtown area. James Ritman, Allan Murphy and Ben Goldstein of Newmark represented the landlord, Win Properties, in the lease negotiations. CBRE represented the tenant.
STRATFORD, CONN. — Family Care Visiting Nurses has renewed its 10,124-square-foot office lease in the southern coastal Connecticut city of Stratford. The home-based health services provider will remain at the 42,000-square-foot building at 999 Oronoque Lane for an unspecified period of time. Bruce Wettenstein of locally based brokerage firm Vidal/Wettenstein represented the landlord in the lease negotiations.
MILFORD, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has arranged the $8.5 million sale of a 70,500-square-foot mixed-use building in the southern coastal Connecticut city of Milford. The building consists of 32 two-bedroom, townhouse-style apartments and 10 commercial spaces totaling 27,025 square feet. Brad Balletto, Jeff Wright and Rich Edwards of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
STAMFORD, CONN. — Osborne & Little has signed a 14,930-square-foot lease renewal at an industrial flex building in the southern coastal Connecticut city of Stamford. The fabric and wall covering manufacturer will continue to house its headquarters at 90 Commerce Road. John Hannigan of locally based brokerage firm Choyce Peterson represented the tenant in the lease negotiations. The landlord, Stampar Associates, was self-represented.