Archive for the 'Transaction Announcements' Category

Architecturally Significant New Haven Building Sold

OLYMPUS DIGITAL CAMERADow Realty has brokered the sale of the prestigious building at 321 Whitney Avenue in New Haven to the law firm of Balzano & Tropiano PC for $1.2 million.
The 9,900 square foot building on the corner of Whitney Avenue and Edwards Streets is beautifully preserved and is the former headquarters location of Thompson and Peck Insurance. The building was built in the 1890’s and was known as the Atwater – Ciampolini House. It is one of the few remaining examples in New Haven of the “shingle style” house which is considered one of the forerunners of domestic American architecture. The magnificent woodwork and stone fireplaces of the building have been kept in excellent condition. The location is directly across from Yale University’s Peabody Museum.
The seller of the property was represented by Jim Bussmann of Dow Realty Company. The transaction assures that this property will continue in the hands of a firm that will preserve one of New Haven’s finer architectural assets.
Balzano & Tropiano is a New Haven based firm that specializes in personal injury trial law. The firm will relocate to Whitney Avenue from leased space on Audubon Street.


Acqua Comfort Moves Manufacturing to New Haven

Acqua Comfort, a leading supplier of swimming pool heat pumps, has brought its pump assembly operation in house and located it in New Haven.  The company signed a long term lease to occupy 12,500 square feet at 100 Gando Drive along the I91 corridor.  The site lies within the City of New Haven’s Empowerment Zone which qualifies Acqua Comfort to receive certain financial incentives.  The company also is taking advantage of a Jobs Grant for the creation of new jobs from the State of Connecticut’s stimulus program.   Image

Acqua Comfort is a Wallingford, CT based company that designs, manufactures and sells heat pumps through a nationwide network of distributors.  Dow Realty represented the building owner in this transaction.

New Branford Office Building Fully Leased

780 East Main Street - Branford, CT

Representing Massey Properties, Dow Realty has fully leased a new 6,000 SF office building on Route 1 in Branford. The building is ideally located for two growing technology companies – CVM, Inc. and IGA Worldwide.

CVM is an IT Services company that has been twice recognized as one of the Deloitte CT Fast 50 fastest growing companies. CVM provides on-site and off-site IT products, services and support. In addition, CVM offers server co-location and hosted services.

IGA Worldwide enables consumer advertisers to reach the PC and console computer gaming market via impactful contextual ad placement that is not intrusive. This is a fast growing advertising medium that is measurably effective.

Massey Properties, in partnership with Munger Construction, will soon be adding once again to Branford’s new professional office space market with a recently announced 6,400 sf 3 story “green” professional office building – click for details. Dow Realty is representing that property for lease.

3 Sycamore Way Office Building - Branford, CT

Two Companies Find New Haven Location Ideal for Their Businesses

100 John Murphy Drive in New Haven is a perfect location from which contract construction and maintenance companies can run their business. In this case two companies have found this property ideal. Dow Realty represented the seller of the property which contains two warehouse buildings with loading docks that was purchased by CSS Industries, a Stratford CT based company. CSS, an asphalt paving, maintenance and sweeping contractor, will operate out of the 7,140 sf facility. Dow Realty facilitated the lease of the 6,000 sf warehouse on the site to Bond Brothers Construction. Bond Brothers is a commercial construction, general contracting and building asset management company based in Everett, MA with an operation in Durham, CT. Both companies will use their new base to serve local projects.

Dow Realty Recognized for Largest Industrial Lease in 2010

The Greater New Haven Association of Realtors, Inc. Commercial Investment Division (CID) has recognized Jeff Dow of Dow Realty for achieving the largest industrial lease agreement amongst its members in 2010. Dow represented the leasee, Brook and Whittle Limited of North Branford, in its long term lease of 69,128 SF of industrial space at 20 Carter Drive, Guilford, CT.

The Greater New Haven Association of Realtors represents over 2,000 agents in the region. The CID is a group of Commercial Real Estate Brokers and Agents that create networking, education and cooperative opportunities amongst its members. Jeff Dow was awarded its “CID Rising Star” award in 2008.

Dow Realty Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 3 other subscribers