Mixed-Use

SOUTHPORT, CONN. — Clearview Investment Management has acquired a partially completed component of Southport Green, a 64,600-square-foot mixed-use project located in Southport. Included in the sale is an approximately 40-room hotel, a restaurant, office space and luxury residential units. Clearview plans to complete the components and operate the hotel, which will open next spring under the name Delamar Southport. The CB Richard Ellis team of Jeffrey Dunne, Steven Bardsley, Christopher Leonard and David Gavin represented the undisclosed seller and procured Clearview. The sale price was not disclosed.

CALDWELL AND SPRINGFIELD, N.J. — Woodbridge, N.J.-based The Kislak Company has completed two mixed-use sales in New Jersey for a total of $2.31 million. In Caldwell, Kislak's Jonathan Greenberg and Don Baxter represented both undisclosed parties in the sale of a 12,250-square-foot building located at 319-325 Bloomfield Ave. The building contains eight apartments and four retail spaces. It traded for $1.8 million. In Springfield, Kislak's Jeffrey Squires represented both parties in the sale of a 5,200-square-foot building located at 19 Morris Ave. The building, which traded for $510,000, contains four apartments and one retail space. The buyers plan to make capital improvements to both buildings' apartment units.

NEW YORK CITY — Massey Knakal Realty Services has brokered the sale of a five-story mixed-use building located in the Tribeca neighborhood of Manhattan, New York City. The 2,700-square-foot building is located at 175 W. Broadway. It features two retail stores and three residential units. Nick Petkoff of Massey Knakal negotiated the transaction between the two undisclosed parties. The building traded for $1.67 million, or $775 per square foot. Massey Knakal is also marketing the building next door at 171-173 W. Broadway.