According to Providence Business News, the owners of Providence’s Superman Building are pursuing federal financing to help advance redevelopment of the long-vacant downtown landmark. The ownership group is seeking support through the U.S. Department of Transportation’s Railroad Rehabilitation and Improvement Financing (RRIF) program, which could provide long-term, low-cost debt tied to nearby rail infrastructure. The request […]

According to the Hartford Business Journal, an LLC affiliated with Desmarais Property Maintenance purchased a former manufacturing facility at 229 Cross St. in Bristol for $2.1 million. The transaction involved a 74,255-square-foot light industrial building situated on approximately 3.14 acres, containing a mix of office, warehouse, and manufacturing space. Click Here: Landscaping company owner pays […]

According to the Hartford Business Journal, Quantum Drones Corp., a subsidiary of Quantum Cyber N.V., has signed a letter of intent to purchase a manufacturing facility at 38 Union Ave. in Bridgeport for $3.2 million. The proposed acquisition involves a roughly 43,000-square-foot industrial building and existing manufacturing equipment owned by Arcade Technology LLC, intended to […]

According to the Hartford Business Journal, a 16-acre development site at 250 Rye St. in South Windsor approved for a 198,735-square-foot warehouse has been brought to market.  The property is owned by Altatwo Realty Co. and is being marketed by Sentry Commercial after an initial effort to secure a tenant, expanding the opportunity to include […]

According to the Hartford Business Journal, Unilever plans to construct a $270 million global innovation center in downtown New Haven at 2 Church St. The project will be built on a 1.55-acre state-owned site and is expected to house approximately 100,000 square feet occupied by Unilever across two floors, serving as a research and development […]

According to the Hartford Business Journal, a Massachusetts-based investment group paid $4.2 million for an industrial warehouse in South Windsor. The transaction involved a 60,072-square-foot building constructed in 1988 on approximately 3.1 acres at 1590 John Fitch Boulevard, which was sold by Larnick LLC. The buyer was an affiliate of Sticks Investment Group, which focuses […]