According to the Hartford Business Journal, a multi-tenant commercial property located at 61 Boston Post Road in Orange was sold for $2.2 million to East Haven-based Master One LLC. The 13,000-square-foot building, which sits on 2.4 acres along Route 1/Boston Post Road, was previously owned by Six One Boston Post Road LLC. Built in 1970, […]
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According to the Hartford Business Journal, a 4.5-acre property in Waterbury is set to be redeveloped into a 42-bed, 55,000-square-foot inpatient rehabilitation hospital. The property, located at the corner of Reidville Drive and Harpers Ferry Road, was purchased by Catalyst Healthcare Real Estate for $1.8 million. Pennsylvania-based PAM Health will operate the hospital and lease […]
According to the Hartford Business Journal, the MetroHartford Alliance has moved its headquarters to City Place I, the tallest office tower in Hartford. The new office, at 185 Asylum Street, spans approximately 4,500 square feet on the mezzanine level. This relocation, after 15 years at 31 Pratt Street, underscores the Alliance’s commitment to Hartford’s […]
According to the Hartford Business Journal, companies are continuing to migrate from the suburbs to downtown Hartford, despite high office vacancy rates. The Connecticut Association of Realtors recently moved to a 9,700 square foot space at 90 State House Square. Lease rates in downtown Hartford are significantly lower, averaging $21 to $25 per square […]
According to the Hartford Business Journal, New Haven-based Svigals + Partners has been acquired by Philadelphia-based FCA, expanding their design services across multiple sectors including healthcare, education, and corporate workplaces. The firm will now operate under the name “Svigals + Partners, an FCA company,” with no staffing changes resulting from the deal. Svigals + Partners, […]
$6M State Funding Allocated for Clearing New Britain DPW Yard for Transit-Oriented Mixed-Use Project
According to the Hartford Business Journal, New Britain has secured a $6 million state grant to demolish buildings at its former Department of Public Works on Harvard Street and prepare the 3.1-acre site for redevelopment. The site, located near a CTfastrak bus stop, is planned to become a mix of multifamily housing and other uses. The city has tentatively chosen The Day […]