FEBRUARY, 2012 – LEASE TRANSACTIONS FOR HASTINGS & LISTING ACTIVITY

Posted on March 1, 2012
Filed Under Commercial News, Recent Commercial Transactions, Uncategorized, Westport Connecticut, Wilton Connecticut | Leave a Comment

John D Hastings, Inc., Commercial Real Estate of Westport announces the following recent lease transactions:

 1)      Christopher Maglione of Hastings/ in conjunction with David Fugitt of Vidal/Wettenstein, represented the tenant, The Edge Fitness Clubs, who leased retail space of 32,200SF at 2300 Dixwell Avenue, Hamden, CT & 20,200SF at 600 New Haven Ave, Derby, CT.

2)      Christopher Maglione and Dale Thomas, both of Hastings,  represented the Landlord in leasing Retail/Warehouse Units 1 & 2 (totaling 2,800SF) at 35 Danbury Rd, Wilton, CT.

3)      Christopher Maglione, of Hastings,  represented the Tenant, Zero Draft Comfort & Energy, and Vance Taylor/Commercial Real Estate Group represented the Landlord in leasing 3,800SF of Warehouse/Office Space for a 5 year term at 71 Putter Lane, Torrington, CT

4)      Christopher Maglione represented both the Tenant, Triloma Spa & Hair Salon, and the Landlord, Wilton Historical Society, in leasing 1,050SF of unique retail/office space in the former historical Wilton Train Station now located at 146 Danbury Rd.

5)      Christopher Maglione & Arlene Donahue, both of Hastings,  represented the Tenant, Nazuka Dojo, and Dave Gorbach/Colonial Realty represented the Landlord for a 5 year lease renewal for a 1,800SF space located at 338 Commerce Drive, Fairfield, CT.

6)      Lewis Meriwether, of Hastings,  represented the Owner and Sharon Maddern/David Adam Realty represented the Buyer in the Sale of 143 Post Rd. East, Westport, CT

7)      Dale Thomas, of Hastings, represented the Tenant, LBM Systems, Inc., in the leasing of 1,100SF of office space at 2 Stony Hill Rd, Bethel, CT.

 John D Hastings, Inc., Commercial Real Estate of Westport announces the following recent listing activity:

 1)      495 Post Rd East, Westport- Chris Maglione and Dale Thomas, Fantastic single office- 8,000SF office space available for lease. Single offices/rates upon request, 1,000-8,000SF @ 25/SF + Utilities 26,606 S.F. High-end office building in the heart of Westport.

2)      1 Morgan Avenue, Norwalk- Ken Edwards, Upscale Single Offices in 1858 Updated Victorian- 2nd floor 250SF @ $750/month Gross & 3rd floor 450SF @ $750/month + Utilities.

3)      375 Post Road West, Westport-Jeff Peterson, Retail Space with great visibility 800SF 1st floor + attic storage  @ $3500/mo. + electric + gas separately metered.

Hastings Real Estate Represents Fitness Edge Health Club in Leasing New Space

Posted on March 1, 2012
Filed Under Commercial News, Recent Commercial Transactions, Uncategorized, Westport Connecticut, Wilton Connecticut | Leave a Comment

The Fitness Edge Health Club, Derby, CT

The Fitness Edge Health Club, Derby, CT

February, 2012 – Christopher Maglione of John D. Hastings, Inc. of Westport, CT/in conjunction with David Fugitt, SIOR of Vidal Wettenstein represented the Fitness Edge Health Club in leasing a new 20,200SF space at 600 New Haven, Avenue, Derby, CT.

HASTINGS RECENT COMMERCIAL LEASE TRANSACTIONS

Posted on September 15, 2011
Filed Under Commercial News, Recent Commercial Transactions, Westport Connecticut, Wilton Connecticut | Leave a Comment

John D. Hastings, Inc. commercial real estate of Westport, Connecticut, is pleased to announce the following recent lease transactions:

             Christopher Maglione was the tenant representative in a lease transaction for 8,000 S.F. of warehouse/office space at 1085 Connecticut Avenue, Bridgeport, to East Coast Contractors & Zero Draft.  He also was represented Aspire Fitness, LLC in a lease for 1,587 S.F. of retail space located at 44 Main Street, Westport. In lease transactions in Wilton, Maglione represented the tenant, Ceres Services Company, an Ariel Holding LTD subsidiary, for a 1,100 square foot lease and was also a tenant representative for Positive Family Behavior in the leasing of a 700 S.F. office space at 196 Danbury Road.

             Ken Edwards represented the tenant, Knox & Co., in the leasing of 2,380 S.F. of office space at 830 Post Road East, Westport. Ken was the tenant representative for AMG Catering & Events in the leasing of 1,200 S.F. of retail space in a three-year lease transaction at 196 Danbury Road, Wilton.

             Dale Thomas was the tenant representative in a lease for 1,075 S.F. of retail space in Westfair Center in Westport to Hair Innovations Design Team, LLC.  In Wilton Thomas represented Everton America CT, the tenant, an affiliate of the professional “Premier Soccer League” in the leasing of 700 S.F. of office space at 196 Danbury Road. At 237 Danbury Road, Wilton, Thomas represented the tenant, Stillpoint Counseling, LLC  in the leasing of a 2-room office suite.

        Jeff Cohan, represented the tenant, Seven 1 Studios, in the leasing of 1,500 S.F. of retail space at 345 Main Street, Woodbury,Connecticut. 

            Lew Meriwether represented the landlord in a two year-lease of 1,000 S.F. of office space at 23 Cricket Lane, Wilton,  to Edward Yost, MD.

             Ted Hampe and Mark Holod subleased 1,400 square feet of office space to Hammerstone, Inc. at 500 Post Road East, Westport, Connecticut.

Hastings, A Trusted Name in Commercial Real Estate For Over 63 Years

Posted on March 22, 2011
Filed Under Commercial News, Westport Connecticut, Wilton Connecticut | Leave a Comment

Hastings - Front cropped (2) John D. Hastings Commercial Real Estate, located in Westport, Connecticut has built its formidable reputation by delivering professional services with a personal touch. We offer experience and expertise, and excellent business judgment. We understand the changing needs of the business community, and provide trusted, unbiased and precise market analysis.

 Since 1949, we have helped thousands of companies and investors make solid decisions about commercial real estate throughout Fairfield County. That is our goal and our commitment; we are proud of this heritage.

 Now, let’s meet our team…..                                                                         

Peter Hastings Sr., Principal, has been a real estate leader in Fairfield County,run his own agencies, and managed the local offices of large corporations. But he has never forgotten the importance of service…which is why he has returned to the small, hands-on agency where the personal touch is the only way. A native of Fairfield County, Connecticut, Peter has been a Realtor since l960. His roles as trusted residential and commercial broker, certified appraiser and his long time community service in Westport/Wilton area, has earned him the statewide respect of his peers.  He served as president of the Westport/Weston Board of Realtors, the Wilton Board of Realtors and president of the Society of Real Estate Appraisers of Fairfield County.  He was Realtor of the Year twice–Westport/Weston Board, l979, and the Wilton Board, l980.   Peter was a founder and presently serves on the Board of Directors of The Wilton Bank.  As a licensed certified appraiser, his corporate clients include, among others, IBM and General Motors.  He has also conducted appraisals for the Board of Tax Review and Probate Court, and has been an expert witness for the Superior Court of Connecticut. Many local attorneys regularly seek his advice and counsel regarding the value of estates.

Peter Hastings Jr., Principal, has worked in the real estate business his whole life as he is working in his family’s business and he has been dealing in commercial real estate since 1993. His focus is in investment sales and office leasing.

Stephane Cammarata, Sales Associate & Appraiser, has recently become affiliated with John D. Hastings, Inc. Mr. Cammarata earned his Bachelor of Science degree from the University of Quebec with majors in economics, management and real estate development, including advanced studies in appraisal techniques and business appraisal. Licensed in multiple states, he brings a global vision to the national appraisal industry.  Mr. Cammarata has been actively involved in the real estate industry for fifteen years making his debut in Manhattan NY, has managed a residential appraisal and Brokerage offices in Florida for 10 years, with a State Certified Appraisal license and a Real Estate Broker license in Connecticut and Florida.

 Jeff Cohan, Sales Associate, has recently joined our commercial branch and looks forward to providing commercial services for industrial/retail/office lease and sales real estate in all of Connecticut. Before joining Hastings, Jeff was a mortgage loan officer for Landmark Financial Services and a leading sales specialist for Xerox.

Arlene Donahue, Vice President, has been in commercial real estate brokerage for over 22 years, the last ten years with Hastings. She served on the Westport Planning & Zoning Commission for four years, two of which as chairman, and was instrumental in the creation of the first new Town Plan of Development in twenty years. She brings a wealth of knowledge of the commercial real estate market in all of Fairfield County. She specializes in sales and tenant representation in office, retail, and industrial fields.

Ken Edwards, Vice President, after a previous career in industrial sales, has been with John D. Hastings Inc. Commercial Real Estate for seven years, He specializes in retail and office leasing and sales. Ken is also involved in property management along with selling businesses.

Craig Davidson, Vice President, has been a commercial real estate specialist with John D. Hastings since 2000. He is a second generation local realtor with encyclopedic knowledge of Fairfield County who is an expert in finding fresh ways to solve problems. He has helped investors find commercial opportunities, locating the perfect retail setting for a variety of national chains and local start ups. He has been able to relocate corporate offices to Fairfield County, smoothing a process that can be difficult and time consuming.

Ted Hampe, Vice President CCIM, SIOR, has been a leading commercial broker in Westport, Connecticut for the past 31 years. After seven years as Senior Vice President of New York based Cross & Brown Company responsible for their two Connecticut offices, he founded H.T. Hampe Associates in 1988, which was renamed HK Group in 2001. He resigned as HK’s Chairman at the close of 2008. After opening a new office in Westport for Prudential Commercial in 2009, he joined John D. Hastings Commercial Real Estate in Westport in January 2010 and is looking forward to a fresh start in the business with this outstanding organization. While the firm is a full-service organization in brokerage and property management, Mr. Hampe has personally concentrated on office leasing and sales. Over the years, he has completed assignments for numerous major corporations, including:  EMC, Matrix One, Procter & Gamble, Mobil Oil, Metropolitan Life, Playtex Products, Commonfund, Westinghouse, Yankelovich Partners, Heyman Properties, The Ryan Partnership, and Abercrombie & Kent.

Mark Holod, Vice President, is a veteran of 25 years in the commercial real estate industry, having served as senior real estate executive at PepsiCo, Chase Manhattan and, most recently, Merrill Lynch. He retired from Merrill Lynch in 2008, joined Prudential Commercial Real Estate in May 2009, and John D Hastings in January 2010. His experience covers such areas as strategic planning, transaction management, creative problem solving, merger and acquisition due diligence, organizational development and management, and depressed asset/portfolio analysis and disposition.  Mark has been appointed to serve on the Town of Westport’s Golf Advisory committee.

Christopher Maglione, Vice President & Office Manager, has been a commercial sales agent with John D. Hastings Inc. for six years after a 15 year career in the health and fitness industry. His forte is tenant representation, but has worked successfully with buyers and owners as well.

 Lewis Meriwether, Vice President & Appraiser, has been a commercial real estate broker with Hastings since 1986. He has specialized in office and retail leasing and property management, as well as investment sales. Lew has also been a commercial and residential appraiser for the past 24 years.

Jeffrey Peterson, Vice President, has an established record of brokering deals for corporate clients throughout Fairfield County. He specializes in Landlord representation, has negotiated leases for Charles Schwab in Fairfield, secured retail locations for franchises, and brokered office space throughout Fairfield County. Prior to his commercial real estate career, Jeffrey was a member of the New York Commodities exchange. He lives in Westport with his family.

Dale Thomas, Vice President, has more than 40 years of experience in senior corporate management, and for the past 18 years he has been involved in commercial real estate investment, development, and sales. Dale served as a Vice President of Pitney Bowes, after which he became President of NYNEX International Company and then President of NYNEX Properties that designed, constructed, leased, and managed over 45 million square feet of commercial facilities. Prior to joining John D Hastings, Dale was President of Headlands, Inc., where he invested in and developed a variety of commercial projects.

STEPHANE CAMMARATA JOINS HASTINGS REAL ESTATE

Posted on March 10, 2011
Filed Under Commercial News, Westport Connecticut, Wilton Connecticut | Leave a Comment

stephanne (2 CROPPEDStephane Cammarata, Sales Associate & Appraiser, has recently become affiliated with John D. Hastings, Inc. Mr. Cammarata earned his Bachelor of Science degree from the University of Quebec with majors in economics, management and real estate development, including advanced studies in appraisal techniques and business appraisal. Licensed in multiple states, he brings a global vision to the national appraisal industry.  Mr. Cammarata has been actively involved in the real estate industry for fifteen years making his debut in Manhattan NY, has managed a residential appraisal and Brokerage offices in Florida for 10 years, with a State Certified Appraisal license and a Real Estate Broker license in Connecticut and Florida.

HASTINGS LEASES OFFICES AT 500 POST ROAD EAST, WESTPORT TO HAMMERSTONE, INC.

Posted on March 10, 2011
Filed Under Commercial News, Recent Commercial Transactions, Westport Connecticut, Wilton Connecticut | Leave a Comment

  WESTPORT, CT, March 9, 2011 – Hammerstone, Inc., has subleased 1,426 square feet of office space on the first floor of 500 Post Road East in Westport, Connecticut from Terex Corporation for a period of 5 years, 9 months, through December 31, 2016.  The commercial real estate firms of Cushman & Wakefield and John D. Hastings were involved in this transaction.  Hammerstone Group is a Westport-based operator of online discussion forums for institutional investors.Terex Corporation, a diversified global manufacturer, the sublessor of the space Hammerstone occupied, has now moved to larger quarters at Nyala Farms Office Park.  The term of the sublease coincides with the conclusion of the Terex lease.

Brian Scruton of Cushman & Wakefield represented Hammerstone while Mark Holod and Ted Hampe of John D. Hastings were exclusive listing agents for Terex.  The entire third floor of 15,592 SF remains available, beautifully configured space at below-market price.

Jeff Cohan Joins John D. Hastings, Inc. Commercial Real Estate

Posted on February 16, 2011
Filed Under Commercial News, Westport Connecticut, Wilton Connecticut | Leave a Comment

Jeff Cohan's Photo lg.for web(2)John D. Hastings, Inc. Commercial Real Estate of Westport, CT is pleased to announce that Jeff Cohan has become associated with the company. Prior to joining Hastings, Jeff was affiliated with Landmark Financial Services as a mortgage loan officer. He also was associated with Xerox as a leading sales representative. Jeff looks forward to providing commercial real estate services for industrial/retail/office lease and sales in all of Connecticut.

Dale Thomas Leases Space to Leslie Dean Interiors at 44 Old Ridgefield Road in Wilton

Posted on November 17, 2010
Filed Under Commercial News, Recent Commercial Transactions, Wilton Connecticut | Leave a Comment

John D. Hastings Commercial Real Estate of Westport is pleased to announce the leasing of office space at 44 Old Ridgefield Road in Wilton to Leslie Dean Interiors, an interior design firm specializing in interior architecture, design, and decorating for over 25 years.  The firm is expandings its Greenwich business to include Wilton and its surrounding markets. This new Wilton location is owned and managed by MCL Ventures.  Dale Thomas represented Leslie Dean in this transaction.

GTHERM LEASES 8,474 SF AT 500 POST ROAD EAST, WESTPORT

Posted on October 21, 2010
Filed Under Commercial News, Recent Commercial Transactions, Westport Connecticut | Leave a Comment

500 Post Road East,Westport

500 Post Road East,Westport

WESTPORT, CT, October 19, 2010 – GTherm, Inc., has subleased a total of 8,474 square feet of office space on the second floor of  500 Post Road East in Westport, Connecticut from Terex Corporation for a period of over 6 years, through December 31, 2016.  The commercial real estate firms of CB Richard Ellis and John D. Hastings were involved in this transaction.

GTherm, formerly with offices in Shelton, is a thermal technology firm planning to build power plants,using heat from “hot dry rocks” to produce clean, reliable electricity. 

Terex Corporation, a diversified global manufacturer, the sublessor of the space GTherm occupied,recently moved to larger quarters at Nyala Farms Office Park.  The term of the leases coincides with theconclusion of the Terex lease.

 Beth Chappel of CB Richard Ellis represented GTherm while Mark Holod and Ted Hampe of John D.Hastings were exclusive listing agents for Terex.  The entire third floor of 15,592 SF remains availablefor sublease -  beautifully-configured space at  below-market price!

Fairfield County Office Market Trends Second Quarter, 2010

Posted on October 14, 2010
Filed Under Commercial News, Westport Connecticut, Wilton Connecticut | Leave a Comment

Follow the link below to view ‘The Hastings Market Pulse” newsletter to track the Fairfield County Office Market Trends for the Second Quarter of 2010.

Hastings Market Pulse Newsletter 10.10

 

Hastings Market Pulse Newsletter 10.10

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