Press Release

Date:

June 8, 2006

Contact:

Colonial Realty of Fairfield - Lea Brunette

Phone:

(203) 367-4087

Wal-Mart has leased +28,000 square feet of industrial space at 459 Iranistan Avenue in Bridgeport, Connecticut from Santa Fuel. Wal-Mart will utilize the space for storage and distribution. David S. Gorbach, SIOR was the listing broker in this transaction.

Ocean Imports has leased +18,000 square feet of space at 380 Horace Street in Bridgeport, Connecticut from the Conco Medical of Rock Hill, SC. Ocean Imports is a distributor of fine furniture. David S. Gorbach, SIOR was the sole broker in this transaction.

Hall-Brooke Behavioral Health Services has leased +9,800 square feet of space at 1 Lois Street in Norwalk, Connecticut from Samuel Bell, Sr. Hall-Brooke is an affiliate of St. Vincent’s Medical Center and specializes in behavioral health and addiction services for individuals and their families. David S. Gorbach, SIOR of Colonial Realty represented the Tenant in this transaction.

Post Road Holding Company, LLC has purchased a +8,928 square foot of retail building at 1125 Post Road in Fairfield, Connecticut from Post Road Development, LLC for $1,450,000. David S. Gorbach, SIOR was the sole broker in this transaction.

Colonial Realty announces the sale of a +8,838 square foot industrial building at 53 Hancock Avenue in Stratford, Connecticut for $440,000. Grosso Custom Builders has purchased this facility from Brew Printing Company. Grosso Custom Builders has moved their business from Bridgeport to this new Stratford location. David S. Gorbach, SIOR represented the Sellers and Jason Peligri represented the Purchaser in this transaction.

25 Sherman Street, LLC has purchased a +8,388 square foot industrial building at 25 Sherman Street in Stratford, Connecticut from Charles Moyher for $725,000. Confirmed Freight is a specialty-handling freight forwarder for the entertainment and high-tech industries. David S. Gorbach, SIOR represented the purchaser in this transaction.

Ionian Food Imports has leased +8,000 square feet of space at 350 Long Beach Boulevard in Stratford, Connecticut from Stratford Executive Park, Inc. Ionian Food Imports is an importer and distributor of international food products. David S. Gorbach, SIOR was the sole broker in this transaction.

Eugene & Jeannette Paraska have purchased a +5,400 square foot industrial building at 220 Orland Street in Bridgeport, Connecticut from the Confirmed Freight for $425,000. The new ownership intends to use this industrial building for electronic assembly and repair. David S. Gorbach, SIOR represented the purchaser in this transaction.

American Access Care has leased +4,652 square feet of office space at 501 Kings Highway East in Fairfield, Connecticut from Fischel Properties. American Access Care will be utilizing the space for radiological vascular procedures. David S. Gorbach, SIOR was the sole broker in this transaction.

Coastal, Inc. has purchased a +4,395 square foot of industrial building at 14 Marion Avenue in Milford, Connecticut for a purchase price of $425,000. Coastal, Inc. is a family owned industrial, commercial and residential plumbing and heating company. David S. Gorbach, SIOR was the sole broker in this transaction.

Cable Resources has leased +3,500 square feet of space at 265 Asylum Street in Bridgeport, Connecticut from the Griffith Company. David S. Gorbach, SIOR was the sole broker in this transaction.

CT Cardiovascular & Thoracic Surgical Associates PC has leased +3,431 square feet of medical office space at 501 Kings Highway East in Fairfield, Connecticut from Fischel Properties. CT Cardiovascular will utilize this modern facility for expanding its practice. David S. Gorbach, SIOR was the sole broker in this transaction.

Arbella Insurance has leased +3,404 square feet of office space at 501 Kings Highway in Fairfield, Connecticut from Fischel Properties. Beardsley specializes in personal and commercial lines. David S. Gorbach, SIOR was the sole broker in this transaction.

Photo Images Inc., d/b/a Photoland has leased +3,200 square feet of space at 36 Berwick Court in Fairfield, Connecticut. Photoland moved from a Black Rock Turnpike location. They specialize in all facets of photo processing and framing. David S. Gorbach, SIOR was the sole broker in this transaction.

Westport National Bank has renewed their lease of +3,121 square feet of space at 1100 Kings Highway East in Fairfield, Connecticut from LAR Associates. David S. Gorbach, SIOR was the sole broker in this transaction.

Value Dry Basement Technologies, Inc. has leased +1,736 square feet of space at 1380 Seaview Avenue in Bridgeport, Connecticut from the Casey Roofing. Value Dry specializes in basement dewatering for both commercial and residential clients. David S. Gorbach, SIOR represented the Owner and Joel Hausman represented the Tenant in this transaction.

Nyden CPA LLC has leased +1,200 square feet of office space at 1925 Black Rock Turnpike in Fairfield, Connecticut from Turnpike Properties LLC. Nyden CPA specializes in all facets of public accounting. David Nyden, Principal has been in business since 1975. David S. Gorbach, SIOR was the sole broker in this transaction.

CMS Land Holdings LLC has purchased +7 acres of land known as Lot #2, 490 Pepper Street in Monroe, Connecticut from the Monroe Land Holdings. CMS will construct a new 35,000 square foot high-bay warehouse distribution facility on this 7-acre lot. David S. Gorbach, SIOR represented the Purchaser in this transaction.