Current Happenings in New Haven County Commercial Real Estate

Yale University has agreed to buy the Bayer Pharmaceutical’s property located on 136 acres in a campus setting, sharing property lines with Orange and West Haven, CT, for a rumored 100 million dollars. As part of Bayer’s reorganization plan implemented last year, Bayer placed the property on the market . The 550,000 square feet of lab research space will be utilized by the University.

L.L. Bean coming to Orange, spurring interest in retail- related sporting goods stores.

Long- awaited Train Station coming to Orange and West Haven, should help reduce commuter congestion and enrich area activity.

Arnold Peck, Mark Glassman, Joan Miller, Harry Weichsel and other Arnold Peck Commercial World associates attended the International Council of Shopping Centers 50th Annual Convention in Las Vegas, May, 2007.

Recent Accomplishments

SOLD – 80,000 sq ft shopping center, Southington – Bob Cole / Arnold Peck

SOLD – Office complex – Whitney Ave – Hamden – Bob Cole / Arnold Peck

LEASED – 391 Boston Post Rd, Orange, Lasik Plus Surgery Center , 3500 sq ft– Mark Glassman

LEASED – Patriot Bank, 771 Boston Post Road, Milford - Arnold Peck

LEASED – Law offices – Post Road

Milford – New prototype Subway – Arnold Peck/Mark Glassman

SOLD – 17+ acres for church “Promised Land Church of God, Inc.”

SOLD - West Haven – 5.5 acres to Devon Storage – Mark Glassman

Development - Bridgeport – Park Avenue – New Walgreens

LEASED – Orange – nursing registry, 153 Post Road

LEASED – Orange – Landscaping facility – Post Road

Development – Site - Carriage Crossing, 22 unit condominium site – Harry Weichsel

SOLD – Stratford – Former Webster Bank facility

SOLD - Stratford - Office Condo, Barnum Professional Center – Mark Glassman

SOLD – Groton – Marina – Harry Weichsel - multi million dollar sale

SOLD – Branford – Rings End Lumber – Mark Glassman

SOLD - Fairfield Office Building I-95 visibility – Harry Weichsel

LEASE – Southington – Completed Goodwill – Bob Cole

Bridgeport – Auto Zone – Arnold Peck / Harry Weichsel

Milford – 765 Boston Post Road – Italian Specialty Restaurant – with full liquor, outdoor dining and cuisine similar to owner’s Westchester restaurant- Arnold Peck

SOLD – in the East Haven Mall, Main St, former FAUSTINE RISTORANTE, to chef Terry Noyes now operating BOCCA, new and old Italian cuisine being served on new outdoor patio- a first in East Haven – Joan Miller

SOLD – Main Street, West Haven, former MARCEL’S FABULOUS FOODS, to well -known restaurateur Frank Ciccone now operating as FRANCESCO’S FABULOUS FOODS – now offering gourmet luncheon, dinner and catering service. – Joan Miller

SOLD –Bull Hill Lane, West Haven - property acquired property for developer -future site expansion - Joan Miller

DEVELOPMENT - West Haven - Aldi Supermarket. Saw Mill Rd, Arnold Peck / Bob Cole

Orange – Mixed- use Land Development on 23 acres in Orange – Arnold Peck / Mark Glassman

SOLD - Windsor – 10 acres to accommodate new Target superstore . - Arnold Peck

LEASED- Wallingford – 3,000 SQ. FT. Perkin Paper

LEASED- West Haven 16,000 sq.ft. warehouse

DEVELOPMENT – West Haven – 6000 sq. ft. Party and Play, Birthday Party Center and Child Development – Mark Glassman

All roads lead to Arnold Peck’s Commercial World