Deal of the Month
February - Office-to-Self-Storage Redevelopment in Trumbull Marks Major Turnaround
The sale of 6 Cambridge Drive in Trumbull, Connecticut highlights a successful repositioning of a long‑vacant office asset. The transaction closed on December 22, 2025 for $2,000,000.
The 4.5‑acre property includes a 68,000‑square‑foot office building and an equally sized parking garage, both of which had remained vacant since at least 2013. Over the past decade, the site had become a blighted concern for the Town of Trumbull, prompting interest in redevelopment opportunities. After a two‑year effort involving extensive problem‑solving and coordination, the property was sold to a West Coast–based self‑storage development team. The buyer plans to demolish the existing structures and construct a new self‑storage facility, bringing fresh investment and renewed purpose to the site.
Jennifer Lynne, CCIM of Coldwell Banker represented the seller as the listing agent. Preston Lynn of Savills served as the cooperating agent.
This transaction underscores the continued trend of converting underutilized office assets into alternative uses, particularly in markets where aging office inventory presents opportunities for adaptive reuse.
January - Eric Amodio, CCIM of Amodio & Co. Brokers Sale of 29-Unit Apartment Building for $2.84M
Eric Amodio, CCIM, was the sole broker in the sale of 137 Evergreen Avenue, Hartford, Connecticut. The 22,000 square-foot, 29-unit brick complex, renovated in recent years, is comprised of nearly all one-bedroom units. Amenities include on-site laundry facilities, surface parking, controlled access, immediate highway access, and close proximity to restaurants and shops.
December - Eric Blumenthal Brings Mission Foods a New Distribution Center in Connecticut
Eric Blumenthal and Art Ross of Newmark have arranged the leasing of 56,720 s/f at 460 Woodland Ave. in Bloomfield, CT. The property is 56,720 s/f and Newmark represented the ownership, while Sentry Commercial represented the tenant. Mission Foods, a producer of tortillas and other food products, plans to open a distribution center at the site. This transaction highlights the continued demand for well-located industrial space in the Hartford County market, where functional distribution and manufacturing facilities remain sought after.
November - Renee Stevens & Peter Shiue, CCIM, Co-Broke $1.8M Industrial Sale in East Haven
Two CT CCIM Chapter Members collaborated in the successful sale 182 Commerce Street in East Haven, Connecticut. This industrial transaction closed on September 25, 2025, for $1,800,000.
The property consists of a 20,269-square-foot industrial building, including 3,200 square feet of office space, situated on 1.66 acres. Formerly occupied by Schneider Electric, the site underwent full environmental remediation prior to sale, making it a viable option for immediate occupancy. The property will function as a bottle redemption processing facility.
The buyer, Priyal, LLC d/b/a East Haven Bottle Return, expanded from a nearby 5,500-square-foot facility into the larger space at 182 Commerce Street. The proximity to the previous location allowed for a seamless transition, while the new site offers increased operational capacity, improved parking, and future leasing potential for the office component.
The transaction was facilitated by CT CCIM Chapter Members Renee Stevens of Press/Cuozzo Realtors, who represented the buyer and Peter Shiue, CCIM, of Colliers, who represented the seller. The deal was secured through consistent follow-up and closed with 100% SBA financing.
This transaction demonstrates the strength of collaboration between CT CCIM Chapter members, with both the listing and cooperating brokers actively engaged in the chapter’s professional network.
March - Storied Norwich Business Park Building
Ron Lyman, CCIM of Lyman Real Estate represented the seller of 5 Wisconsin Ave, Norwich, CT, the former home of Nutron Manufacturing and the original headquarters for Cuisinart. The property closed for $6,800,000.
The 96,132 square-foot industrial property sits on 5.5 acres, with 523 feet of frontage on Wisconsin Avenue. It is located in the Norwich Business Park, in a federally-recognized Foreign Trade Zone (FTZ). Improvements include 7 docks, 2 drive-ins, 80,000 SF of paved asphalt, and 97 parking spaces.
Lyman represented seller Jack Feinberg, whose Nutron Manufacturing company was based on the property through 2018. Since then, S&S Worldwide has leased the entire space as a warehouse. The buyer is 5 Wisconsin Owner LP, an investor group including lead Brian Ker, Milan Parekh, Mark Landau, and Brasswater from Montreal. The new owners have taken over the lease to S&S, a 115-year-old company based in Colchester, which sells a wide variety of supplies for arts and crafts, sports, educational, and recreational activities.
February — Office to 100 Unit Residential Conversion, New Britain
Frank Amodio, CCIM and Eric Amodio, CCIM, of Amodio & Co. represented both buyers and sellers on two transactions for a 125,083 square-foot office property located at 480 Myrtle Street in New Britain; a former Stanley Black & Decker office facility.
The first sale in 2018 traded for $980,000 with the buyer's intentions of leasing up the vacant office space. Amodio was retained for this assignment, however, the market proved more value in ultimately selling as a residential conversion. After substantial buyer interest, Amodio procured a growing Connecticut developer who obtained City approvals for a 100-unit residential conversion through the ARUD program. Sale price of $2,500,000 also included neighboring parcels for future development. The developer plans to begin conversion in the coming months.
