Archives for March 2018

Lindland, Fellah and Keefe of HK Group complete $3.25 million sale

NEREJ – The seller was the estate of Anna Nappa. According to ownership, they purchased the property around 1964: at different points in time it was the home of Violet Antiques and Alfred Heckman Distributors. Eventually was occupied from 1971 and up to about two years ago, by Nappa Sales, doing general glass and screen repairs, selling windows, doors and glass.

The property contains 13 residential units and a retail store. The new owner, Belden Place, LLC has plans to redevelop the property into a first class residential property with 14 apartments and a retail store. Three of the apartments will be classified as affordable.

The property features three separate buildings totaling 10,050 s/f, on 0.39 acre zoned restricted business district.





Deal & Dealmakers – Real Estate Weekly

Franco Fellah, Executive Vice President at HK Group, announced the following leases:

• Shoe Inn, a retailer that sells upscale women shoes and accessories, leased 1,200 s/f of retail space with a full lower level at 36 Elm Street, New Caanan.

• Coastal Connecticut Counseling, a therapy support center for individuals, couples, children and families leased 3,342 s/f of office at 2960 Post Road in Southport, CT.

• Waterman-Hurst, a senior executive consulting and advisory firm leased 2,170 SF of Class A office space at 40 Danbury Road Wilton, CT.

• Bird, Bonette, Stauderman, Inc., advertising production consultants, leased 2,500 s/f of direct waterfront office at 49 Riverside Avenue Westport, CT.

• JoyRide Cycling Studio, extended their 4,207 s/f lease in Darien. They have three additional locations in Westport, Wilton and Ridgefield.




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