According to the Hartford Business Journal, a 10.5-acre commercial property at 1400 New Britain Ave. in Farmington sold for $5 millionin an off-market transaction. The property contains eight buildings, including a two-story, 8,000-square-foot office building, a 4,000-square-foot automotive service garage, and six storage buildings totaling 160 storage units. The buyers included Malka Apts Equities LLC, which acquired an 85% ownership interest, Manas Equities […]
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According to the Hartford Business Journal, an investment LLC affiliated with Calco Construction & Development acquired the former Crystal Bees entertainment complex at 240 Spring St. in Southington for $2.7 million, with Sentry Commercial representing the seller. The property includes a 32,584-square-foot building on 2.29 acres featuring a 16-lane bowling alley, three bars, commercial kitchen, restaurant space and arcade. […]
According to the Hartford Business Journal, Berkley Insurance received approval to demolish and replace its 95,550-square-foot, four-story headquarters at 475 Steamboat Road in Greenwich. The replacement will maintain roughly the same size, footprint, height and four-story configuration while adding a 79-space underground parking garage. The all-electric building is targeting LEED Gold certificationand is projected to consume more than 20% less […]
According to the Hartford Business Journal, Freightliner of Hartford is proposing a 54,960-square-foot expansion of its 20,929-square-foot truck repair, parts and service facility at 199 Roberts St. in East Hartford. The project would increase the building to approximately 75,889 square feet on 7.1 acres, more than tripling its existing footprint. Click Here: Freightliner dealer proposes 55K-sq.-ft. expansion of East Hartford truck parts […]
According to the Hartford Business Journal, High Tide Capital is planning a $28 million redevelopment of the historic The Day newspaper headquarters in downtown New London. The project will convert the property into 68 apartments while incorporating commercial space and a museum recognizing the building’s newspaper history. Click Here: Developer details plans for historic ‘Day’ headquarters in New London […]
According to the Hartford Business Journal, an investor group led by Mountain Development Corp. secured a $22.5 million permanent mortgage from Bank of Montreal for Harbor Square, a 165,114-square-foot multi-building office campus at 700 and 850 Canal St. in Stamford. Click Here: Stamford office campus secures $22.5M mortgage for more information