80-100 Britannia St., Meriden
Levey Miller Maretz, represented by Fred R. Maretz, was the listing broker for the recent sale of 80-100 Britannia St. in Meriden. Tom Vitali of Dan Combs Real Estate acted on behalf of the buyer, 301 South Colony. The property is a 25,000-square-foot building on four acres.
Attorney Stuart Margolis of Berdon Young and Margolis of New Haven represented the seller, Norben Realty of New Haven. Vincent T. McManus Jr. of Wallingford was the attorney for the buyer. The sale price was not disclosed.
Woodbridge-based Levey Miller Maretz offers a variety of professional services relating to commercial/industrial, retail and investment properties, as well as property investment, public service and business opportunities.
Windhover Stays in Norwalk
Windhover Information Inc. has renewed its lease at 10 Hoyt St. in Norwalk and will continue to occupy 9,025 square feet, according to Steve Levin, general counsel for Windhover Information.
Bob Hopper, vice president, and John P. Hannigan, principal, of Choyce Peterson Inc. represented Windhover Information in the transaction.
“As we approached the end of our lease, we knew our current location needed some upgrades, and we wanted to explore all available options before deciding whether to relocate or remain where we are,” Levin said. “We appointed Choyce Peterson to help us analyze the current market, and after an extensive market search, we decided to approach our landlord for a renewal. We were able to secure terms that insured the landlord would address our concerns. In the end, Choyce Peterson delivered a deal that made us happy to renew our lease.”
“Windhover’s first instinct to work with Choyce Peterson, because we only represent tenants, proved to be well founded,” Hopper said. “When we began our process, renewal was not a likely option due to issues with the current building. After an extensive market search it became apparent that renewing with the right lease terms would best match Windhover’s immediate business needs.
“Choyce Peterson worked hard to turn tenant concerns into actionable lease language that made renewal viable,” he added. “In the end, Windhover’s renewal is the realization of the Choyce Peterson goal to allow tenants to make fully informed real estate decisions that best match their business needs.”
Since 1989, Windhover Information has been providing analysis and commentary on health care business strategy, industry deal-making, marketplace trends, and the world of medical start-ups. The expertise that the editorial and research staff has developed –relied upon by the industry’s top executives, consultants, bankers and investors – finds voice in its publications, leading-edge conferences and various integrated databases of transactions and commentary. Windhover’s editorial goal is to clearly present objective, accurate, fundamentally valuable decision-making information.
Choyce Peterson is a commercial real estate brokerage firm exclusively representing corporate tenants in Westchester and Fairfield counties on a local and national basis. The 8-year-old firm specializes in a process that strives to provide clients with leverage, objectivity and experience and has completed millions of square feet of tenant representation transactions for its clients in 42 states and Canada.
Geenty Oversees Sale
Milford-based The Geenty Group recently brokered the sale of a commercial condominium at 12 Oaks Business Park on Morgan Lane in West Haven. The property, formerly owned by Byong-Nim Choi, was recently purchased by an adjoining unit owner, architect Bruce J. Spiewak.
Bill Clark, senior vice president of The Geenty Group, was the listing agent for the 800-square-foot space, while the selling agent was Kevin C. Geenty, vice president of The Geenty Group. The condo sold at a price of $63,000. Spiewak will be using the new space for an expansion of his architectural firm and its personnel.
