Houlihan Lawrence Commercial Expands Brokerage Operations Into Connecticut
Real Estate In-Depth | March 2017
RYE BROOK— Houlihan Lawrence Commercial Group, the commercial arm of leading real estate firm Houlihan Lawrence, reported on Feb. 28th that it expanded operations into Connecticut.
Agent Michael Rackenberg has been named the team leader for the office that will service the communities throughout Fairfield County, including New Canaan, Greenwich and Stamford. He will be joined by agents: Terry Baxendale, Jim Higgins, Peter Wells and Teresa Marziano.
“Connecticut, much like New York, is experiencing renewed momentum in the commercial market from industrial, retail and health care industries,” says Thomas LaPerch, managing director of Houlihan Lawrence Commercial Group. “We’re eager to meet these needs and introduce new buyers and sellers to our growing team of highly skilled, successful real estate professionals.”
Rackenberg will oversee the agents, working between the company headquarters in Rye Brook and the firm’s residential brokerage office in Greenwich, CT.
“This is an important move for Houlihan Lawrence Commercial Group, as it allows the company to expand its commercial services into the lucrative Connecticut market,” says Rackenberg. “I am committed to leading this new team to success by ensuring the utmost in honesty and integrity to clients.”
The new team has already secured deals throughout Connecticut. Baxendale arranged the sale of 62 Mason St. in Greenwich for $2.8 million. The historic building was originally listed for lease, but Baxendale brought a prepared buyer to the opportunity. Additionally, Wells has brokered leasing deals in Greenwich at both 86 Greenwich Ave. and 125 Mason St., the company reported.
Houlihan Lawrence Commercial Group specializes in investment opportunities, office condominiums and leasing, industrial and retail sales and leasing, land acquisition and development as well as municipal approval consultation. The group has 25 highly experienced agents across New York City, Westchester, Putnam, Dutchess and Fairfield counties.