20 Acres Back on the Market in Waterbury Following Interest from Amazon & Walmart
According to the Hartford Business Journal, about a year after a Massachusetts-based real estate investor-developer acquired approximately 20 acres of vacant commercial land near Waterbury’s border with Cheshire for $5 million, the property is back on the market with an asking price of $7 million. Situated in a highly commercial area near major retailers such as Kohl’s and Costco, the site benefits from convenient access to Interstate 84, making it an attractive location for development. Initially slated for a Walmart supercenter and later approved for an Amazon distribution center, the property’s development plans have evolved due to changing market dynamics, including rising interest rates and construction costs.
Click Here: 20-acre Waterbury site eyed for Walmart store, Amazon warehouse back up for sale for more information.