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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.

All Our Kin – 414 Chapel Street

414chapel mainAll Our Kin has found a new location for its organization to do the vital work of enabling quality child care in our neediest communities. Their work enables parents to work in support of their families, while their children receive the nurturing so critical to their development. All Our Kin has signed a long term lease to occupy 3,500 square feet in the office complex at 414 Chapel Street in New Haven, CT.

All Our Kin is a rare kind of Not for Profit organization. It is one of the few that can claim to support both workforce development and child care simultaneously. The unique mission of All Our Kin is to create and deliver programs that allow child care providers to successfully run child care initiatives in the communities that most need them. This mission enables the child care providers to have access to education, livable wages and benefits and earn respect for the high value job of caring for our children. Just as importantly, parents are supported with safe, educational and affordable child care options so that they can work. And their children gain the benefits of beginning their lives with some of the advantages, tools and experiences that all in our society should receive. All Our Kin trains and supports over 250 low income parents and educators each year, who in turn serve nearly 1,500 children.

Dow Realty is glad to have helped in finding a home for this valuable organization.

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.

Oldest Bar in New Haven on the Market

The oldest bar in New Haven in its original location is the former Richter’s Café at 990 Chapel Street.  This historic and distinguished space has been a pub since 1858, enduring Prohibition as a speakeasy.  The bar is noteworthy for its magnificent oak woodwork and paneling which would be economically prohibitive to replicate in a space of this type today.

The bar was originally part of the New Haven House Hotel which was designed by Henry Austin, the architect of New Haven’s City Hall.  The original hotel was torn down to make room for the Taft Hotel in 1912.  The taproom survived and had its 8 foot walls raised by 4 feet.  It operated as the Taft Tap Room and was a favorite of Yale students until its first closing in 1970.  A Yale graduate, H. Richter Elser revived the establishment in 1983 as Richter’s and it operated under that name until June 2011 when it closed.  After a failed attempt to re-open the historic pub, the space was placed on the market by its owner Taft Management.  Dow Realty has been chosen to represent the landlord in a search for a tenant that will return the pub to the New Haven social scene.

NAPA of Branford Finds a Better Home

The NAPA Auto Parts store in Branford, currently located off of Main Street near the Town Green is moving to a more convenient location for its customers at 172 Cedar Street at the I95 Exit 54 interchange. NAPA Auto Parts was looking for a location that would provide a larger showroom and a more efficient operation. In addition to satisfying those requirements, the long term lease of 6,000 SF of space at this location gives NAPA better store visibility, easier highway access and more convenient customer parking – a great recipe for revenue growth. NAPA Auto Parts provides retail and professional customers with access to the most extensive inventory of auto parts in the industry and is a well recognized consumer brand. Dow Realty represented the building owner in the transaction

Massey and Munger Announce New “Green” Office Building in Branford

Massey Properties and Munger Construction have announced the construction of a new office building at 3 Sycamore Way – on the corner of Rte. 1 in Branford. It will be a 3 story, modern, energy efficient design – the first of its kind on the Center Shoreline of Connecticut.

The building is targeted at professional firm tennants looking for right blend of brand image, location advantage, convenience and economy. The main features of the building are:
• 6,400 SF Professional Class A Office Building
• Contemporary, clean design
• Interior design to suit tenants
• Units can be sized from 1,600 – 2,400 SF
• 3rd floor terrace
• Energy Star rated “green” building design
• Convenient location – easy access to I95 (Exit 56)
• Close proximity to New Haven & Yale
• Visible location – 350’ frontage on US Route 1
• City water and city sewer (Shoreline communities to east must use septic)

Dow Realty is representing the building for lease.

Greenleaf Biofuels to Build New Plant at New Haven Terminal

Dow Realty represented Greenleaf Biodiesel, LLC in its lease of land and building at New Haven Terminal. The lease opened the door to the groundbreaking for a new 8,500 SF plant that will produce biodiesel fuel from reclaimed and used vegetable oil from restaurants and food manufacturers.

The New Haven Terminal location is an ideal fit for Greenleaf due to its access to rail, a deep water port, tank farm storage and fuel truck loading capability. The company plans to ultimately produce 10 million gallons per year of multi-feedstock biodiesel fuel in what would be the largest production facility of its kind in New England. Production is planned to start in 2012 and initially provide 20 new full time jobs in New Haven. Additional jobs will be added within the next 3-5 years.

Biodiesel is a blend of the vegetable oil product and diesel fuel which is a substitute for No. 2 heating oil. Greenleaf’s mission is to meet the growing regional demand for biodiesel in home heating and transportation fuels, to provide energy security and to promote environmental responsibility.

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