According to the Hartford Business Journal, an 83-unit residential development has received zoning approval at the largely vacant Campus at Greenhill office complex in Wallingford. The project will introduce 66 affordable apartments, including 18 supportive housing units, as part of a broader effort to repurpose the underutilized commercial property. Click Here: 83-unit affordable housing project on office complex site […]
Market
According to the Hartford Business Journal, Pine Tree, a Chicago-based real estate investment firm, acquired the sponsor interest in a $644 million retail portfolio from SITE Centers, encompassing 10 shopping centers totaling 3.5 million square feet across nine states. The portfolio includes Connecticut Commons, a 499,450-square-foot shopping center at 250 New Britain Ave. in Plainville, situated on 63.2 acres with seven retail, […]
According to the Hartford Business Journal, a Bristol manufacturer is seeking municipal approval to construct a nearly 68,000-square-foot manufacturing facility on vacant land along Clark Avenue in Bristol, Connecticut. The proposed development would more than triple the company’s existing space in the city and provide additional capacity for future expansion. Click Here: New building proposed on vacant […]
According to the Hartford Business Journal, 65 Furniture Row Investment Partners LLC, an entity affiliated with HMC Real Estate Partners, acquired the industrial property at 65-145 Furniture Row in Milford for $16.65 million from American General Life Insurance Co. The property encompasses approximately 11.8 acres and contains more than 212,000 square feet of industrial space Click Here: Milford industrial property sells for […]
According to the Hartford Business Journal, Applied Learning & Industry Corridor LLC, an entity affiliated with the CCSU Foundation Inc., acquired the former Raytheon Technologies Corp. data center at 25 Holly Drive in Newington for $3.6 million. The property consists of a 61,428-square-foot, two-story building constructed in 1985 on 2.5 acres, located near Central Connecticut State University’s campus. The seller was […]
According to the Hartford Business Journal, a 35,960-square-foot office building at 7 Kenosia Ave. in Danbury sold for $4.8 million, or approximately $133 per square foot. The two-story property sits on 3.5 acres and underwent its most recent renovation in 2021. The acquisition was completed by two individual investors. Click Here: Danbury office property sells for $4.8M for more information.