According to the Hartford Business Journal, Southford Park LLC is seeking approval for a proposed 720,000-square-foot distribution center on approximately 112 acres spanning 764 Southford Road and 555 Christian Road in Middlebury. The Connecticut Supreme Court is set to hear an appeal concerning a 2023 state law that restricts certain warehouse developments in smaller municipalities when site conditions, including wetlands acreage, exceed specified thresholds. Click […]
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According to the Hartford Business Journal, Oak Omega LLC acquired a 133,283-square-foot industrial building in North Haven for $6.5 million. The property experienced increased occupancy and rental income leading up to the sale and still had approximately 16,000 square feet available for lease at the time of closing. Click Here: North Haven industrial building sells for $6.5M for more information.
According to the Hartford Business Journal, Bender Plumbing Supply is proposing an expansion of its headquarters and wholesale distribution facility at 580 Grand Ave. in New Haven. The project would add approximately 12,751 square feet of warehouse and operational space, increasing the size of the existing facility by roughly 38%. Click Here: Plumbing supplier proposes New Haven warehouse expansion […]
According to the Hartford Business Journal, Shelbourne Pratt Development LLC reached a proposed settlement with the City of Hartford that would significantly reduce the assessed values of the office and retail properties at 218-260 Trumbull St. and 42 Pratt St. in downtown Hartford, while also providing refunds for prior property tax overpayments. The properties were acquired in 2023 for $4.75 million by an […]
According to the Hartford Business Journal, Woodgrain, an Idaho-based manufacturer of wood and specialty building products, acquired a 622,262-square-foot industrial property in Newington for $32.7 million. The transaction gives the company ownership of the facility it previously occupied as a tenant, along with an additional 30 acres of vacant land associated with the property. Click Here: Wood products manufacturer buys Newington industrial property […]
According to the Hartford Business Journal, Sterling Organization received approval to begin renovations at the Copaco Center shopping plaza in Bloomfield, launching the first phase of a broader modernization effort. The project will initially focus on exterior façade improvements to the 439,644-square-foot retail center, which was recently acquired by the new ownership group. The planned upgrades are […]