STAMFORD, CONN. — Berkadia has arranged the sale of an 85-unit seniors housing complex in Stamford, approximately 30 miles northeast of Manhattan. The unnamed facility offers assisted living and memory care services. Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders of Berkadia represented the seller, a publicly traded REIT. The undisclosed buyer is based in New England.
GREENWICH, CONN. — Stark Office Suites has signed a 23,538-square-foot office lease extension and expansion in the southern coastal Connecticut city of Greenwich. The provider of flexible workspace solutions is taking an additional 5,772 square feet at 777 West Putnam, a 134,000-square-foot building located along U.S. Route 1. James Ritman and Benjamin Goldstein of Newmark represented the landlord, New York-based investment firm Shelbourne, in the lease negotiations. The tenant was self-represented.
WINSTED, CONN. — Locally based brokerage firm Chozick Realty has arranged the $4 million sale of The Mill at Still River, a 39-unit apartment building in Winsted, about 25 miles northwest of Hartford. The building was originally constructed as an industrial facility in 1887 and converted to residential use in 1986. Steve Pappas of Chozick Realty represented the buyer and seller, both of which requested anonymity, in the transaction.
BLOOMFIELD, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Manor House, a 125-unit apartment complex in Bloomfield, located just outside of Hartford. The two-story building, which was originally constructed on 15 acres in 1963, offers one- and two-bedroom units, according to Apartments.com. Victor Noletti, Eric Pentore, Wes Klockner and Ross Friedel of IPA represented the seller and procured the buyer in the transaction.
MONROE, CONN. — Broadband Technical Resources has signed a 9,159-square-foot industrial lease in Monroe, about 20 miles west of New Haven. According to LoopNet Inc., the 23,702-square-foot building at 580 Pepper St. was originally built in 1987 and renovated in 1997. Bruce Wettenstein of locally based brokerage firm Vidal/Wettenstein represented the tenant in the lease negotiations. Robert Malin Realty owns the building.
HARTFORD, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the sale of a portfolio of two apartment buildings totaling 52 units in Hartford. The building at 17 Marshall St. features 12 studios and 13 one-bedroom units, and the building at 50 Gillett St. houses 16 one-bedrooms, eight two-bedrooms and three commercial spaces. Taylor Perun and Cameron Formica of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
HARTFORD, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the sale of a portfolio of four apartment buildings totaling 60 units in Hartford. The buildings are located at 125–131 Washington St. and 338-342 Jefferson St. Taylor Perun and Cameron Formica of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction. The sales price was also not disclosed.
HARTFORD, CONN. — Regional brokerage firm Northeast Private Client Group (NEPCG) has negotiated the sale of a 141-unit apartment building located at 194 Washington St. in Hartford. The building houses 131 one-bedroom units and 10 two-bedroom apartments. Taylor Perun and Cameron Formica of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction. The sales price was also not disclosed.
STRATFORD, CONN. — Regional brokerage firm Atlantic Capital Partners has negotiated the $24.6 million sale of North Town Center, a 115,000-square-foot shopping center located in the southern coastal Connecticut city of Stratford. Big Y Supermarket has anchored North Town Center, which was 93 percent leased at the time of sale, since 2008. Other tenants include X-Golf, Town Line Liquors and Town Fair Tire. Justin Smith, Chris Peterson, Sam Koonce and Matt Ericson of Atlantic Capital Partners represented the buyer and seller, both of which requested anonymity, in the transaction. Stephen Joseph of Atlantic Capital arranged long-term financing for the buyer.
BRIDGEPORT, CONN. — Northeast Private Client Group (NEPCG) has brokered the $4 million sale of two apartment buildings totaling 38 units in the southern coastal Connecticut city of Bridgeport. Beers Apartments has 18 units, and Wayne Studios has 20 units. Brad Balletto, Rich Edwards, Bob Paterno and Jeff Wright of NEPCG represented the seller and procured the buyer, both of which requested anonymity, in the transaction.