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.
Connecticut
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.
GUILFORD, CONN. — Zelco Properties, the development and acquisition arm of Charter Realty, and Haverford Retail Partners have acquired Guilford Commons, a 123,000-square-foot retail center in southern coastal Connecticut. Tenants at the property, which originally opened in 2015, include The Fresh Market, Michaels, DSW, Ulta Beauty, Panera Bread, MOOYAH, Spavia, Pure Barre and Ivy Rehab. T.J. Maxx and Old Navy also recently signed leases at the center. Charter Realty will handle leasing of the property.
WESTPORT, CONN. — Marcus & Millichap has brokered the sale of a 28-unit apartment complex located about 50 miles northeast of New York City in Westport. The Westporter was built in 2019 and includes both flat- and townhouse-style units, as well as four ground-floor retail spaces. Eric Pentore, Victor Nolletti, Wes Klockner and Ross Friedel of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
HARTFORD, CONN. — Law firm Robinson + Cole has opened a new, 75,000-square-foot office at One State Street in downtown Hartford. One State Street, which is owned by Houston-based Hines, overlooks the Connecticut River, and the 24-story, 500,000-square-foot building offers multiple outdoor-based amenities. Washington, D.C.-based architecture firm Studio Alliance designed the space to feature energy-generating glass offices, collaboration spaces to support teams from two to 30 and a focus on exposure to natural lighting throughout. General contractor Pavarini Northeast handled the build-out.
NORWALK, CONN. — Wegmans Food Markets will open a 92,000-square-foot store at 675 Connecticut Ave. in Norwalk, located in southern coastal Connecticut. The regional grocer expects to employ about 500 people at the store at full operation. The location will be the first in Connecticut for Wegmans, which operates a total of 111 stores along the East Coast, and is scheduled to open next summer.
BRANFORD, CONN. — Locally based brokerage firm O,R&L Commercial has negotiated the $7.2 million sale of Lockworks Square, a 35,600-square-foot shopping center in Branford, located in southern coastal Connecticut. The four-building center is located in the downtown area and is home to tenants such as SaltBrick Prime, Lockworks Tavern, Cheri’s Bakery, Digestive Disease Associates, Physical Therapy & Sports Medicine Centers and Branford Tech Team. Will Braun of O,R&L represented the seller and buyer, both of which requested anonymity, in the transaction.
FAIRFIELD, CONN. — New Jersey-based intermediary Cronheim Mortgage has arranged a $5 million permanent loan for Fairfield Shopping Center in southern coastal Connecticut. The 72,000-square-foot center was built in 1955. Anchored by Restoration Hardware Outlet, which recently backfilled a 35,000-square-foot space formerly occupied by Bob’s Stores, the center is also home to tenants such as T-Mobile, The UPS Store, Village Bagels and HobbyTown USA. Andrew Stewart, Dev Morris and Allison Villamagna of Cronheim arranged the debt on behalf of the owner, the firm of late local developer Albert Phelps.