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 […]
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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, MacDermid, Reynolds & Glissman has expanded its land use practice in response to rising multifamily and commercial development across Connecticut. The firm, headquartered at 86 Farmington Avenue in Hartford, grew its team from four to seven attorneys and increased its overall headcount from 11 to 14 lawyers. It also […]
According to the Hartford Business Journal, Connecticut’s historic newspaper headquarters are being reshaped as the industry contracts. In Waterbury, the 70,000‑square‑foot Republican‑American building at 389 Meadow Street, topped by its iconic 245‑foot clock tower, is under contract to be converted into apartments with ground‑floor retail. In Hartford, the 286,415‑square‑foot former Courant headquarters at 285 Broad […]
According to the Hartford Business Journal, Connecticut’s office sector continues to face structural headwinds as developers and investors shift capital toward industrial and life sciences assets. Winstanley Enterprises, which sold most of its office portfolio years ago, now reports its 76,000‑square‑foot headquarters is only half leased, with tenant fit‑out costs climbing to $175–$250 per square […]
According to the Hartford Business Journal, a 10,500‑square‑foot day care center at 10 Sedona Circle in South Windsor was sold for $5.77 million to an LLC controlled by investors from Redding. The property, situated on 1.1 acres behind The Shops at Evergreen Walk, was previously owned by a New Jersey‑based LLC that had acquired it […]