According to the Hartford Business Journal, C3 Industries Inc., a multi-state cannabis company, has secured a $16 million investment from NewLake Capital Partners for a new cultivation facility in East Hartford. The investment will fund the acquisition of a 58,500 square-foot industrial property and a $12 million construction build-out. The facility, located at 241 Park Ave. and […]
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According to the Hartford Business Journal, a medical building located at 999 Silver Lane in Trumbull, mostly occupied by Yale New Haven Health, has been sold to Fairfield-based 999 Silverlane LLC for $5.2 million. The transaction for the three-floor, 20,900-square-foot property, which sits on 2 acres near key highways and a commercial area, was recorded on […]
According to the Hartford Business Journal, a medical office building located at 613 New Britain Ave., Farmington, was sold for $1.7 million. The property, consisting of 34,611 square feet which was vacant at the time of sale, was previously the headquarters of a major homecare provider and was purchased by MKC Properties LLC. The new owners plan […]
According to the Hartford Business Journal, window-and-door manufacturer Marvin is set to move from Enfield to a new 185,600-square-foot logistics center at 205 Baker Hollow Road, Windsor. The relocation is driven by the need for more space to meet the growing demand and will also consolidate delivery to Marvin’s partners from its manufacturing facilities across the country. The logistics […]
According to the Hartford Business Journal, a New York-based sheetrock supply company, Mac-Lad Corp., has acquired a 22,788-square-foot industrial building located at 235 Newfield Ave., Hartford for $1.6 million. The property, previously occupied by Supply New England for nearly three decades, offers 28,000 square feet of potential outdoor storage or parking areas. Click Here: Building supply company buys Hartford industrial building for […]
According to the Hartford Business Journal, the office building at 95 Glastonbury Blvd., Glastonbury, experienced new leases in the first quarter of 2024. Greater Hartford’s office vacancy rates are high, with about 26.5% of office space vacant, including over 36% in the Capital City’s central business district. The report, covering 25.2 million square feet of office space, indicates a slight improvement from […]