According to the Hartford Business Journal, Porting Group LLC acquired the medical office building at 687 Straits Turnpike in Middlebury for $1.64 million from 270 Center Street LLC. The property consists of 17,742 square feet of medical and office space on 1.8 acres along Route 63 near Interstate 84 and was constructed in 1990. Click […]
Market
According to the Hartford Business Journal, Curbline Properties acquired a recently completed 56,444-square-foot shopping center for $30.5 million at 779, 785, 789, and 795 Bridgeport Ave. in Shelton. The transaction included four buildings situated on 6.1 acres and represents a significant portion of Fountain Square Plaza, which was sold by an affiliate of Highview Commercial. […]
According to the Hartford Business Journal, Brady Sullivan Properties is seeking approval to convert a vacant office building at Waterside Crossing in Windsor into 57 apartment units as part of its continued redevelopment activity in the town’s Day Hill corridor. The proposal targets an office property that has struggled with vacancy and reflects the ongoing […]
According to the Providence Business First, Rhode Island Hospital, part of Brown University Health, is pursuing approval for a $24.1 million demolition initiative as an early phase of a larger campus modernization effort in Providence. The work is intended to clear aging facilities and prepare the site for future redevelopment, including a planned 185,000-square-foot Diagnostic […]
According to the Hartford Business Journal, Sarmat Properties LLC purchased the flex industrial property at 270 George Washington Road in Enfield for $1.2 million from 279 Nutmeg Road South LLC. The 16,845-square-foot building sits on 1.74 acres and includes approximately 14,400 square feet of office space and 2,400 square feet of warehouse space. Built in […]
According to the Hartford Business Journal, Lower Fairfield County’s office availability declined to 28% across 16.4 million square feet of Class A office space as more buildings were removed from inventory for redevelopment projects. Choyce Peterson reported that more than 1.8 million square feet of office space has been taken out of the market since […]