According to the Providence Business News, a bill proposing tax incentives for data center development in Rhode Island was tabled in May after the R.I. Division of Taxation raised concerns. The legislation, backed by the Data Center Coalition, aimed to exempt sales and use taxes on equipment and materials used in qualifying facilities. The proposal […]
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According to the Hartford Business Journal, V2 Capital Shelton LLC, affiliated with Westport-based V2 Capital Management, acquired the Hampton Inn Shelton for $17.5 million. The six-story, 84,000-square-foot hotel at 695 Bridgeport Avenue sits on 3.06 acres and includes 125 rooms. The property was previously purchased in 2022 by 695 Bridgeport Hotel LLC for $10.5 million […]
According to the Hartford Business Journal, 300 West Main Street LLC purchased a 10,000-square-foot commercial building at 300 West Main Street in Avon for $1.9 million from a West Hartford-based LLC. The two-story structure, built in 1965, sits on 1.1 acres and includes vacant restaurant space on the ground floor with offices above. Click Here: […]
According to the Providence Business News, The Santos Cos. LLC acquired a 7,844-square-foot office building located at 1647 Cranston Street in Cranston for $888,000 from The Estate of Munir A. Rihani. The one-story brick-and-stone structure, built in 1955, sits on 0.51 acres and includes a finished basement and 17,000 square feet of paved asphalt. Click […]
According to the Hartford Business Journal, Wings Arena has opened a 40,000-square-foot hockey facility at 50 Barry Place in Stamford, offering both athletic training and rehabilitation services. The two-story complex includes a full-size rink and EN Hockey’s training program on the first floor, while the second floor houses a 10,000-square-foot gym, skate rental area, and […]
According to the Hartford Business Journal, a $2 million state brownfield grant will help fund the restoration of approximately 123,000 square feet of deteriorated factory space within the New Britain Business Center, a five-building industrial complex totaling 551,218 square feet on 57.2 acres. The site, owned by Industrial Realty Group (IRG) since 1997, straddles the […]