According to the Hartford Business Journal, West Shore Home has expanded into Connecticut by opening a new location at 75 Brainard Road in Hartford and plans to hire between 60 and 100 employees. West Shore Home cited strong renovation demand driven by the Hartford region’s aging housing inventory, noting that roughly 72% of local homes were […]
Market
According to the Hartford Business Journal, a partnership consisting of LAZ Investments, Greenwich Realty Partners, and Olymbec acquired the 420,000-square-foot Stilts Building at 20 Church St. in downtown Hartford, bringing an end to a foreclosure case that had been ongoing since 2022. Click Here: LAZ-led investment group acquires Hartford’s Stilts Building, ending foreclosure for more […]
According to the Hartford Business Journal, Greenwich Medical Center, a 106,092-square-foot medical office campus located at 75 Holly Hill Lane in Greenwich, sold for $65 million. Healthcare Realty Trust Inc. acquired the property through a joint venture with KKR, while Benedict Realty Group was the seller. The Class A medical campus was renovated in 2016, […]
According to the Hartford Business Journal, Liberación New Haven Mundial has signed a long-term lease for a 13,000-square-foot industrial/flex building at 198 State St. in North Haven to support its growing congregation and expanded programming. Click Here: Church leases North Haven industrial building for expanded operations for more information.
According to the Hartford Business Journal, BHD 60 Realty LLC acquired the industrial property at 60 Watson Blvd. in Stratford for $6.6 million in an off-market transaction. The asset consists of an 81,000-square-foot industrial building that was originally constructed in 1983 and has a history tied to manufacturing and defense-related operations. Blase Manufacturing previously owned the property and will remain in the building as a […]
According to the Hartford Business Journal, Winstanley Enterprises acquired the property at 120 Park Ridge Road in Brookfield for $32.5 million and has leased the approximately 141,000-square-foot building to Leonardo DRS. The facility, which opened in 2021 as the global headquarters for Branson, was developed as an approximately $49 million project and will now serve as the consolidated home for Leonardo DRS’ Naval Power Systems operations currently spread across […]