According to the New England Real Estate Journal, Team Woody LLC recently purchased an industrial property located at 435 Woodmont Rd in Milford for $1.575 million. The building consists of 20,120 square-feet with 3,000 square-feet of office space, a loading dock, and overhead access. The New York-based buyer intends to use the property for their own business operations. To read […]
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According to the Hartford Business Journal, the Seymour-based Allstate Commercial Driver Training School aims to acquire land in a Bristol industrial park for a new training facility. The school seeks to purchase and develop lots 10 and 11 on Business Park Drive within the Southeast Bristol Business Park. These wooded lots, totaling 3.23 acres, are situated behind ESPN’s North Campus and adjacent to CMI Specialty […]
According to the Hartford Business Journal, Pitney Bowes Inc., a shipping-services company based in Stamford, has made significant changes in its leadership. The company is pursuing up to $100 million in annual cost savings and aims to reduce its high-cost debt. Interim CEO Jason Dies has retired, and the board has appointed a new interim CEO, Lance Rosenzweig, who previously […]
According to the Hartford Business Journal, RisCassi & Davis, a personal injury law firm based in Hartford, is relocating its main office. The firm has acquired an office building at 91 South Main St. in West Hartford for $1.06 million. The new location will serve as the primary office, while some staff members will also be moved to a […]
According to the New England Real Estate Journal, Condyne Capital Partners, LLC is undertaking an expansion of the Baker Hollow Logistics Center located at 205 Baker Hollow Rd. in Windsor. The expansion will result in a 185,600-square-foot modern high-bay industrial building, featuring 32’ clear heights, 36 dock doors, and 45 trailer parking spaces. The facility, designed for multi-tenant use with the potential for […]
According to the Hartford Business Journal, QCells and Hanwha Aerospace USA have completed solar and energy-storage projects in Cheshire and Newington. These projects are part of the state’s Energy Storage Solutions program, which encourages the use of energy storage for grid and customer benefits. The installations at HAU’s headquarters and its Newington facility will generate 1.7 […]