Connecticut Real Estate Executives Rewarded for 1st Quarter Successes

05/10/2007

Contacts:

Kristi Sullivan, 860-571-6213 or
MaryAnn Simkewicz, 860-571-6217

Connecticut real estate professionals were recently recognized for their efforts in the quarterly CERC SiteFinder® Sweeptakes. The drawing rewarded randomly selected SiteFinder users, who together facilitated 14 property transactions that resulted in 443,791 square feet of leased or purchased space in Connecticut during the first quarter of 2007.

First quarter sweepstakes winners were:

First Prize of $400: Submitting Broker - James Fazzone of Cheshire Real Estate (Cheshire) and Jennifer Gosselin and David Barnes of CB Richard Ellis (Hartford) for the sale of 150 Commerce Court in Cheshire, a 7,115 SF office/flex building purchased by John Canning Painting & Conservation Studios.
Second Prize of $100: Submitting Broker - Barry Stratton of The Geenty Group Realtors (Branford) for a 4,700 SF lease at 965 West Main Street in Branford to Grace Fellowship Church.
Administrator Prize of $100: Christopher Edge of Bernard Mussman Associates (Farmington) for a deal he also brokered with Art Randolph of the Geenty Group Realtors (Branford) for a lease of 10,000 SF at 10 Beaumont Road, Wallingford. The tenant, Aerocess, moved from their previous location in Wallingford and expanded by 3,000 SF.

Managed by the Connecticut Economic Resource Center, Inc., SiteFinder is Connecticut's most comprehensive online database of available commercial and industrial real estate. Membership allows a region, town or broker to promote available real estate on the nationally marketed web site, www.CTSiteFinder.com, which currently lists more than 2,600 properties representing more than 45 million available square feet, with exposure to more than 100 real estate firms and their brokers. Since its inception in 1997, more than 15.5 million square feet of space in Connecticut has been leased, purchased or constructed via SiteFinder.

About CERC
Based in Rocky Hill, the Connecticut Economic Resource Center, Inc. is a nonprofit corporation that provides objective research, marketing and economic development services to local, regional, state and utility entities and policymakers. CERC is a public-private partnership, funded primarily by utility and telecommunication companies, with a mission of making Connecticut a more competitive business location. Visit www.cerc.com for more info.

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