According to the Hartford Business Journal, Hartford’s South Meadows site spans 80 acres and formerly hosted a trash-burning facility operated by the Materials Innovation and Recycling Authority until its closure in 2022. Preparation for redevelopment could cost between $27.87 million and $333.87 million depending on the buildings demolished and intended land use, with residential redevelopment […]
Market
According to the Hartford Business Journal, a two-story, 22,813-square-foot warehouse at 313 Long Ridge Road in Stamford was sold by the estate of its former owner for $3.5 million to BHD CT Realty LLC. The property, built in 1967 and appraised at $3.46 million, sits on a 1.8-acre parcel and is currently leased by Crystal […]
According to the Providence Business News, Atlantic Audiology Inc. has purchased a 2,000-square-foot medical office condominium located at 35 Wells St., Unit 2, Westerly, for $400,000. The property, part of the Champion Medical building, was most recently assessed at $425,200 and sold by Ascioti-Vincunas LLC to MMG Holdings LLC, which acted on behalf of Atlantic […]
According to the Hartford Business Journal, Namdar Realty Group has purchased the mortgage on the 30-story, 340,247-square-foot Goodwin Square office tower in downtown Hartford at 225 Asylum St. The mortgage, with a balance of $28.25 million, was sold by M&T Bank, even though the building’s current owner is up to date on loan payments. The […]
According to the Hartford Business Journal, Beardsley Park Plaza, located at 2652 East Main Street in Bridgeport, has been sold for $2.25 million to 2652 Group LLC. This single-story, 9,028-square-foot commercial property, built in 1993, sits on a 0.58-acre parcel and features four retail spaces. Previously purchased for $1.08 million in 2010 by Petra Realty […]
According to the Hartford Business Journal, a 19,800-square-foot manufacturing building located at 111 Holmes Road, Newington, has been sold for $2.35 million. The property, situated on 2 acres and built in 1960, previously housed aerospace component manufacturer Integral Industries. The sale reflects the building’s historical significance within the aerospace manufacturing sector, following Enjet’s 2022 acquisition […]