According to the Hartford Business Journal, Schonline Windows & Doors acquired the industrial property at 9 Heritage Park Road in Clinton for $2.55 million from Seidman Realty LLC to expand its U.S. operations. The property contains approximately 41,825 square feet on 4.12 acres and was vacant at the time of sale. Click Here: NYC window and door company buys […]
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According to the Hartford Business Journal, a planned $90 million redevelopment would convert a 19-story office tower along the Connecticut River in East Hartford into more than 200 apartments. The project has secured $9 million in state grant funding, but the development team still faces an approximately $6 million funding gap before the conversion can fully move forward. Construction is targeted to begin […]
According to the Hartford Business Journal, The Lee Company purchased a vacant 35,000-square-foot industrial building in Beacon Falls for $3.69 million as part of an expansion of its Connecticut manufacturing operations. The facility will accommodate employees and equipment associated with The Lee Company’s acquisition of assets from Petron Automation, a Watertown-based precision machining manufacturer. Click Here: Lee Co. buys […]
According to the Hartford Business Journal, National Lumber Inc. purchased the former Agway/Smithland Supply property at 66 State St. in North Haven for $1.8 million. The property includes a 17,947-square-foot retail building on 3.52 acres, with greenhouse space, onsite parking, and about 217 feet of frontage on State Street/Route 5. The seller was Trio Fund | CT Portfolio LLC, and […]
According to the Hartford Business Journal, Eastern Connecticut Health Network and Hartford HealthCare signed leases that fully occupy a 45,000-square-foot medical office building in Manchester. The transactions bring the property to full occupancy and add two major healthcare organizations to the tenant roster. Click Here: Two leases fill 45,000-sq.ft. Manchester medical office building for more information
According to the Hartford Business Journal, the Capital Region Development Authority is seeking to double its annual state bond authorization from $25 million to $50 million to support a growing pipeline of Hartford-area housing projects and address rising development costs. CRDA financing has helped produce more than 3,000 apartments in downtown Hartford over the past 12 years, with those […]