According to the Hartford Business Journal, Windsor officials are evaluating an expansion of the town’s tax-abatement program to encourage the redevelopment of underutilized office properties and support new multifamily construction. Office conversion projects could qualify if buildings have been at least 45% vacant for a year and meet investment thresholds or are redeveloped into housing […]
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According to the Hartford Business Journal, Vernon Medical Arts Building LLC acquired the medical office property at 428 Hartford Turnpike in Vernon for $3.9 million. The asset consists of an 18,720-square-foot building constructed in 1992 and situated on 2.25 acres, with the purchase financed through a $2.92 million mortgage from Windsor Federal Bank. The property […]
According to the Hartford Business Journal, the Bristol Planning Commission approved plans to create 16 apartments within two downtown commercial properties at 4 Riverside Ave. and 10 North Main St. The buildings were acquired in 2016 for $2.09 million and $1.4 million, respectively, and the owners plan to provide 95 parking spaces for the redevelopment. The […]
According to the Hartford Business Journal, Connecticut has begun the first phase of a three-part, $1.6 billion rail improvement project between Stratford and Bridgeport aimed at increasing speeds and reliability along the New Haven Line. The initiative will upgrade 3.1 miles of track, replace catenary infrastructure, construct a new station, improve bridges and roadbeds, and […]
According to the Hartford Business Journal, Sterling Organization is pursuing renovations at the 439,644-square-foot Copaco Center in Bloomfield after acquiring the shopping plaza for $54.2 million from affiliates of AmCap Partners in August 2025. Click Here: After $54.2M purchase of CT retail plaza, new owner proposes site improvements for more information
According to the Hartford Business Journal, the historic Merchants Bank building at 20 Westminster St. in downtown Providence sold for $3.98 million, with Morse Heritage Properties LLC acquiring the asset from TWA LLC. The six-story mixed-use property contains approximately 13,464 square feet and features ground-floor retail space along with 10 apartments on the upper floors, […]