Real Estate
54 Hartford Business Journal • decemBer 26, 2016 www.HartfordBusiness.com
BOOK OF LISTS & ECONOMIC FORECAST 2016-2017
People's
United
Bank
2015
2016
0
5
10
15
20
25
Colliers
International
CB
Richard
Ellis-NE
Partners
O,R&L
Commercial
LLC
Figure
Eight
Properties
Inc.
Cushman
&
Wakefield
Jones
Lang
LaSalle
Largest commercial real estate brokers in
Greater Hartford
(Ranked by commercial volume of local office in 2015)
Rank Company
2015
commercial
volume of
local office
Local
licensed
brokers
2015 local
sales
transactions/
Total sq. ft.
2015 local
lease
transactions/
Total sq. ft.
Head of
local office
Year
founded
locally
1
CB Richard Ellis-NE Partners
185 Asylum St., 31st Floor
Hartford, CT 06103
860-525-9171
www.cbre.com
$398,490,013 15
44
2,784,726
271
3,108,635
Jeffrey M.
Livingston
Managing
director & partner
1968
2
Jones Lang LaSalle
90 State House Square
Hartford, CT 06103
860-241-0100
www.jll.com
$375,000,000 8
5
1,640,000
82
1,610,000
Jim Tierney
Managing
director, New
England
1992
3
Cushman & Wakefield
280 Trumbull St.
Hartford, CT 06103
860-249-0900
cushmanwakefield.com
$352,000,000 9
7
314,714
68
880,793
Joseph Fallon
New England
market leader
1984
4
Colliers International
864 Wethersfield Ave.
Hartford, CT 06114
860-249-6521
colliers.com/hartford
$175,000,000 19
40
2,700,000
139
2,000,000
Nicholas Morizio
President
1941
5
O,R&L Commercial LLC
2340 Silas Deane Highway
Rocky Hill, CT 06067
860-721-0033
orlcommercial.com
$125,500,000 14
28
620,771
148
767,422
Jay L. Morris
Managing
partner
1997
6
Figure Eight Properties Inc.
433 South Main St., Suite. 328
West Hartford, CT 06110
860-313-5400
f8properties.com
$27,675,000 10
3
54,000
56
212,000
Harris Simons
Jeff Digel
Principals
2014
7
New England Retail
Properties Inc.
150 Hartford Ave.
Wethersfield, CT 06109
860-529-9000
newenglandretail.com
$17,655,375 4
4
165,000
36
1,970,600
Mark C.
D'Addabbo,
President
Matt Halprin, VP
1987
8
Reno Properties Group LLC
170 Pane Road
Newington, CT 06111
860-666-7400
reno-properties.com
$17,500,000 5
11
1,080,000
30
236,250
Dan Garofalo
Principal
2003
9
RLM Co.
10 N. Main St.
West Hartford, CT 06107
860-236-1253
www.rlmco.com
$10,450,000 1
2
16,475
86
96,231
Mike Mahoney
Owner
1945
10
The Windsor Management
Co.
58A Connecticut Ave.
South Windsor, CT 06074
860-688-1738
windsormgnt.com
$5,569,000 1
0
0
31
171,000
Donald A.
McLaughlin
President
1983
11
Litsky Associates
10 Windham Drive
Simsbury, CT 06070
860-658-5203
$5,460,000 1
NA
NA
27
120,500
Eric Litsky
CEO
1990
12
National Realty Advisors
LLC
349 Valley St., Suite 1
Willimantic, CT 06226
877-672-3847
nradvisors.net
$2,750,000 2
3
377,000 (1)
6
44,000
David J.
Mieczynski,
Broker
Jeff Streett,
Partner
2008
Source: Each broker via survey. Note: NA = Not applicable or not available.
(1)
Figure does not include land.
—Compiled by Stephanie R. Meagher.
Most local licensed professional
commercial real estate brokers
2015 2016 % change
Colliers International 19 19 0%
CB Richard Ellis-NE Partners 24 15 -38%
O,R&L Commercial LLC 12 14 17%
Figure Eight Properties Inc. 7 10 43%
Cushman & Wakefield 9 9 0%
Jones Lang LaSalle 8 8 0%
(38)%
0%
0%
0%
43%
17%