According to the Hartford Business Journal, General Dynamics Electric Boat is seeking up to $5 million in sales and use tax exemptions to support its redevelopment of the former Crystal Mall at 850 Hartford Turnpike in Waterford, where it plans to convert the property into engineering, training, and software‑development space for several thousand employees. A […]
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According to the Hartford Business Journal, Electric Boat, a division of General Dynamics, will shut down nearly all remaining retail operations at the Crystal Mall in Waterford by the end of the month as it begins converting the property into a support campus for engineering, training, and software development. The mall, located about five miles […]
According to the Hartford Business Journal, Henkel has begun converting a 45,000‑square‑foot, two‑story office building at 9 Trefoil Drive in Trumbull into a new research and development facility valued at more than $70 million. The building, purchased for $4.9 million in December, will consolidate the company’s North America Consumer Brands R&D operations onto a 10‑acre […]
According to the Hartford Business Journal, 75 Express CT LLC has purchased the 30,320‑square‑foot office building at 16–18 Trowbridge Drive in Bethel for $2.5 million. The property, built in 1997, includes a two‑story 4,976‑square‑foot structure and a one‑story 25,344‑square‑foot office section on a 5‑acre site appraised at $2.1 million and assessed at $1.47 million. The […]
Sentry Commercial is pleased to announce that Kinneret Property Associates, LLC has leased 10,000 SF of industrial space at 522 Cottage Grove Road, Bloomfield CT to Becon, Inc. Sentry Commercial represented the landlord and was the sole broker in this transaction.
According to the Hartford Business Journal, Connecticut has replaced its decades‑old Transfer Act with a new release‑based cleanup program intended to speed redevelopment of contaminated properties . The updated system, which took effect March 1, shifts environmental obligations away from real estate transactions and instead requires owners to address pollution when it is discovered. State […]