Branford, Conn. — Lyman Real Estate (LRE) has arranged the $1.1 million sale of a 9,331-square-foot retail building in Branford, an eastern suburb of New Haven. The building at 854 W. Main St. was previously occupied by Party City. The buyer, LA-IN-USA LLC, will use 3,000 square feet on the first floor to expand its Villa Nail Spa business. Ron Lyman of LRE represented the buyer in the transaction. Jeffrey Kravet of Kravet Realty represented the seller, Branford Realty Trust LLC.
Connecticut
Greenwich, Conn. — Kensico Properties has acquired a retail and office property in Greenwich, located about 30 miles north of New York City, for $67 million. The 62,850-square-foot property is located at 200 Greenwich Ave. on a retail corridor that also includes Tiffany, Gucci and Vineyard Vines. Jeffrey Dunne, David Gavin, Jeremy Neuer and Travis Langer of CBRE represented the landlord, 200 Greenwich Avenue LLC, in the transaction, and procured the buyer.
Greenwich, Conn. — Midwood Investment & Development has sold a retail property leased to CVS in Greenwich. The 10,695-square-foot property is located at 99 Greenwich Ave., in a retail and restaurant corridor that also includes apparel vendors Saks Fifth Avenue and Gucci. Jeffrey Dunne, David Gavin, Travis Langer and Will Pike of CBRE represented the seller in the transaction. The trio also procured the undisclosed buyer.