According to the Hartford Business Journal, an affiliate of BCI Inc., operating as The Butler Co., acquired the former Mitsubishi dealership property at 398‑412 New Park Avenue in Hartford for $3.15 million. The site spans three acres and includes a 26,143‑square‑foot building constructed in 1988, which was recently vacated by a tenant. Click Here: Hartford […]
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According to the Connecticut NEREJ, Guilford Savings Bank has officially rebranded as Ascend Bank following its merger with Eastern Connecticut Savings Bank. The combined institution completed a full systems conversion on September 2, 2025, aligning operations under the new Ascend Bank name. The merger brings together two community‑focused banks with shared values, expanding resources while […]
According to the NEREJ, Quonset Business Park in North Kingstown has reached a milestone of more than 15,000 jobs, generating $1.72 billion in annual household income for Rhode Island families. The park, managed by Quonset Development Corp., spans thousands of acres and has added over a dozen new buildings to support small businesses and manufacturers, […]
According to the Hartford Business Journal, a Brooklyn‑based real estate investment firm, through affiliates of Shelbourne Global Solutions, is facing foreclosure on a 40,000‑square‑foot office building at 330 Main Street in Hartford after defaulting on a $2.15 million loan. The property, purchased for $3.1 million in 2019, was recently put up for auction with bids […]
According to the Providence Business News, a three‑level brick building at 1301 Elmwood Avenue in Cranston, totaling 51,400 square feet on 0.95 acres, was sold for $3.45 million. The property was purchased by Bundesliga Holdings LLC and MMH Investments LLC from Erissa LLC, marking the largest commercial transaction in Providence County so far in 2025. […]
According to the Hartford Business Journal, Krown Point Capital purchased a 1.6‑acre parcel at 413 Washington Avenue in North Haven for $1.5 million from a Brooklyn‑based LLC. The company plans to build a 4,824‑square‑foot 7‑Eleven prototype store with six fueling stations and infrastructure for future electric vehicle charging. Click Here: Manhattan real estate investor active […]