According to the Hartford Business Journal, Westwood Real Estate Holdings has received zoning approval to develop a 20,000-square-foot warehouse on a 1.77-acre site at 0 Clark Drive, Berlin. The property, owned by Heywood Homes, is the last undeveloped lot in the Clark Drive-Commerce Way subdivision. The warehouse will be divided into four 5,000-square-foot spaces, each […]
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According to the Providence Business News, Piedmont EG II LLC has purchased a 60,000-square-foot warehouse at 112 Telmore Road, Warwick for $3.4 million. The property, previously owned by Amalia Shevlin Fund LLC, includes 9.04 acres of land and a 2,000-square-foot office space. The building, constructed in 1994, features a pre-finished metal exterior, tin roof, and […]
According to the Hartford Business Journal, UU CT MOB I LLC has acquired a 35,999-square-foot medical office building at 1152 Kings Highway Cutoff, Fairfield for $20.5 million. The one-story structure, built in 2019 on 1.6 acres, was previously owned by Fairfield Commons LLC, which had held the property since 1991. The building, home to Yale […]
According to the Hartford Business Journal, state lawmakers have approved a $50 million fund to support the conversion of vacant commercial properties into new uses. The Greyfield Revitalization program, part of Gov. Ned Lamont’s capital budget, will provide grants or loans for redeveloping economically nonviable retail and office spaces. The $9.7 billion capital budget […]
According to the Hartford Business Journal, Hartford officials are shifting funds from a stalled $29.2 million mixed-use development in Parkville to support a hotel, parking garage, and artificial intelligence hub on a 3-acre site next to Dunkin’ Park. The Capital Region Development Authority plans to reallocate $1.5 million from the Parkville project, along with $500,000 […]
According to the Hartford Business Journal, ARC-AMS Wilton Owner LLC has acquired a 50,953-square-foot office building at 131 Danbury Road, Wilton for $13.1 million. The three-story structure, built in 1957 on a 4.74-acre parcel, was previously owned by FGI Wilton LLC. Wilton’s Planning and Zoning Commission approved a 208-unit apartment conversion for the site in […]