According to the Hartford Business Journal, a recent study by Econsult Solutions Inc. reveals that downtown Hartford office buildings have suffered hundreds of millions in lost value, with 41% of space currently vacant or soon to be. The report recommends $450 million in state incentives over three years to support redevelopment, including tax breaks for […]
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According to the Hartford Business Journal, 595 Westport LLC purchased the former Pepperidge Farm factory at 595 Westport Avenue in Norwalk for $11 million, well below its 2023 appraisal of $20.4 million. The 6.53-acre site includes a 118,100-square-foot, three-story factory building, multiple auxiliary structures, and 411 parking spaces. The buyer, TVG Partners, received city approval […]
According to the Hartford Business Journal, 530 Old Post Road Partners LLC received approval from Greenwich’s Planning and Zoning Commission to convert a three-story office building at 530 Old Post Road into a 10-unit apartment complex. The 13,572-square-foot structure, situated on a 0.46-acre parcel, will feature six two-bedroom units and four one-bedroom units, including one […]
According to the Hartford Business Journal, Mohawk Northeast acquired a 5.3-acre trucking terminal property at 130 Canal Street in Southington from New Penn Motor Express LLC for $2.8 million. The site includes a 19,972-square-foot building constructed in 1986 with 14-foot wall heights, and is now being used for equipment storage and parking. Click Here: $2.8M […]
According to the Hartford Business Journal, Uline is developing a 1.25 million-square-foot fulfillment center at 143-151 Plainfield Pike Road in Plainfield, Connecticut, with operations expected to begin in July 2026. The facility, approved by the town’s Planning and Zoning Commission, will initially create 200 jobs and could expand further as operations scale. This marks Uline’s […]
According to the Hartford Business Journal, MB Financial Group acquired the 65.5-acre MassMutual office campus at 100 Bright Meadow Blvd. in Enfield for $3.99 million, with plans to redevelop it into a large-scale mixed-use residential community. The proposed master plan includes 307 apartments across repurposed office space and new construction, 169 townhouse units, 12,000 square […]