Brokerage

Excellent commercial real estate experience begins with an in-depth understanding of the Project or Landlord side of the business.

Jeffrey K. Sikes began his commercial real estate career in 1981 as the Assistant Director of Leasing for Hartford’s most prestigious business address, CITYPLACE I. This 38-story, 800,000-square foot Class A office tower has continued to be Hartford’s most prestigious business address. This project provided to be an excellent opportunity and training ground for a commercial real estate market that was demanding excellence. Major tenants whose leases were negotiated were: Aetna (300,000 SF); Day, Berry and Howard (100,000 SF); United Technologies (22,000 SF); Dean Witter (15,000 SF); Merrill Lynch (20,000 SF); and Cummings and Lockwood (15,000 SF).

Upon completion of CITYPLACE I (1985), Jeffrey Sikes accepted the Director of Leasing position for another significant high rise office project, Goodwin Square. This 345,000 SF office tower was again leased through the construction phase and eventual completion of tenant improvements. This project is anchored by Ernst & Young, CHUBB Insurance, Pepe & Hazard, Halloran & Sage, and R.C. Knox Insurance. These two projects represent over 1.2 million square feet of Class A development, from construction of the building through tenant improvements.

Since 1998, Jeffrey K. Sikes has been the Director of Leasing at O,R&L Commercial. During this time, his tenant and buyer representation services have resulted in the following transactions:

• Negotiation of a 48,000 SF lease for ten years at Colt Gateway on behalf of CERC (Capital Region Education Council). The lease value of this transaction exceeded $8 million.
• A strategic ten-year lease negotiation on behalf of SourceOne (owned by Harry Gray) for a 110,000 SF office and distribution fulfillment center at 21 Hyde Road in Farmington. This lease transaction was valued at over five million dollars.
• Exclusive Tenant Representation services provided for Morrison Mahoney LLP Hartford office at One Constitution Plaza.
• Exclusive Tenant Representation services for Countrywide Full Spectrum Lending offices in Farmington, Shelton, Stamford and New London, Connecticut.
• The sale of two Class A office buildings in Farmington and Glastonbury for Pacific Western Mortgage and Investment Corporation, totaling $6.5 million.
• Buyer Representation for acquisition of The Laurel Gardens Assisted Care Living Facility in Avon. This land acquisition value was $2.4 million dollars.
• Buyer Representation for the acquisition of land for the development of the Marriott Residence Inn in Avon, CT. Land value exceeded $1 million dollars for this $11 million dollar project.
• Exclusive Tenant Representation Services for Ford and Paulikas LP in Hartford.
• Exclusive Tenant Representation Services for Key Human Services in Farmington.
• Exclusive Buyer Representation Services for Summit Financial Group in Simsbury.
• Exclusive Seller Representation Services for Toffolon Trust / 7 Johnson Avenue Sale to Connecticut Solid Surfaces for $1,480.000.
• Exclusive Buyer Representation Services for Farmington Savings Bank for the acquisition of 669 Hebron Avenue, Glastonbury, CT for $1,000,000