According to the Hartford Business Journal, Winstanley Enterprises acquired the property at 120 Park Ridge Road in Brookfield for $32.5 million and has leased the approximately 141,000-square-foot building to Leonardo DRS. The facility, which opened in 2021 as the global headquarters for Branson, was developed as an approximately $49 million project and will now serve as the consolidated home for Leonardo DRS’ Naval Power Systems operations currently spread across […]
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According to the Hartford Business Journal, the Archive of Contemporary Music (ARC) has selected 650 Danbury Road in Ridgefieldas its permanent home after purchasing the former Schimenti building, an 18,000-square-foot two-story commercial property that had been marketed for $2.7 million. The nonprofit archive houses more than 3 million sound recordings and plans to transform the property into a public cultural destination featuring exhibitions, listening rooms, […]
According to the Hartford Business Journal, Sill Lane Properties LLC acquired the industrial property at 2303 S. Main St. in Middletown for $3.5 million from 2303 Main Street LLC. The asset consists of a 31,920-square-foot one-story industrial building situated on 3.8 acres. Click Here: Middletown industrial building sells for $3.5M for more information.
According to the Hartford Business Journal, ASGE Property Group LLC acquired a two-building industrial campus at 103 and 103R Old Windsor Road in Bloomfield for $4.95 million from Eastern Holdings Group LLC and Slade Properties LLC. The transaction included a 15,326-square-foot office/warehouse building on 6.63 acres and a 16,488-square-foot flex building on 39.6 acres, totaling more than 32,000 square feet across roughly 46 acres Click Here: Bloomfield industrial […]
According to the Hartford Business Journal, UConn’s first downtown Hartford residence hall at 64 Pratt St. has reached full occupancy before opening, with all 202 beds leased and more than 50 students on a waiting list. The $28.9 million redevelopment converted a former office building into student housing featuring 45 furnished apartments, along with study areas, classrooms, recreation space, and a fitness center. Click […]
According to the Providence Business News, a medical office property at 1500 Pontiac Ave. in Cranston sold for $4.2 million, with MGM Pontiac LLC acquiring the asset from Pontiac Medical Group LLC. The single-story building contains 11,638 square feet on approximately 1.87 acres and is fully leased to Brown University Health. Click Here: Cranston office […]