William Raveis Real Estate is expanding its residential business into the Sunshine State.
The 44-year-old Shelton company, which markets and sells both residential and commercial properties, this week acquired Fite Group Luxury Homes of Palm Beach, Fla., which employs some 100 agents in four offices.
With a reported $10 billion in sales in 2017, Raveis previously opened offices specializing in luxury residential properties in Nantucket, Manhattan and Westchester County, N.Y.
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A five-story, six-unit residential apartment building at 36-38 Lyon St., New Haven has been acquired by the Kempner Corp., a White Plains, N.Y.-based commercial-real estate firm, for $950,000. Kempner also owns Milford’s Woodmont Plaza, which it acquired in 2000.
Lunch Box 123, LLC has signed a multi-year lease for 4,806 square feet of retail space at 280 Blake St., New Haven. The company, which operates food trucks and a catering service, plans to use the space for its catering business as well as opening a restaurant at the site. Carl G. Russell, CCIM, SIOR of Pearce Commercial represented both landlord and tenant in the transaction.
SGI-USA has signed a ten-year lease for the 6,600-square-foot street-level space at 27 Church St., New Haven from 27-31-33 Church, LLC. Headquartered in Santa Monica, Calif., SGI-USA will use the space as a Buddhist center for religious assemblies. Ted Schaffer of Press/Cuozzo represented the tenant in the deal, while the Proto Group represented the landlord.
