According to the Hartford Business Journal, a principal of New England Traffic Solutions recently purchased a 12,674-square-foot industrial building in Glastonbury for $1.37 million. The building, located at 94 Eastern Blvd., was previously occupied by D Tech Services, which has relocated to a larger space in Cromwell. The property, which went on the market on […]
Market
According to the Hartford Business Journal, Bluewater Property Group has received an additional nine months to finalize the purchase of approximately 157 acres of city-owned land in Waterbury and Naugatuck for a 3-million-square-foot Amazon warehouse. Initially agreed upon in May 2022 for $2.5 million, the new deadline for due diligence is now August 4, 2025. […]
According to the Hartford Business Journal, ParMed LLC, located at 600 Four Rod Road, Building 3, in Berlin, has been acquired by Schivo, an Ireland-based company specializing in medical and life sciences devices. The terms of the deal were not disclosed. ParMed, which manufactures fluid handling systems, will retain its 10 employees, and its founder […]
According to the Hartford Business Journal, five life sciences companies are expanding their operations in Connecticut, with several leasing space at the new life sciences tower at 101 College St., New Haven. Cellsbin, a startup focused on oncology-detection devices, is investing $1 million and adding five staff members. EpiTET Therapeutics, a Yale spinout is investing $8 million and creating […]
Sentry Commercial is pleased to announce that Marshall Phelps Group, LLC has sold 550 Marshall Phelps Road, Windsor CT to Bodum USA, Inc. The 226,429 SF warehouse on 29.75 acres sold for $14,960,000. Sentry Commercial and SAB Capital represented the seller in this transaction. Further reading: Switzerland housewares vendor Bodum buys Windsor warehouse for $15M […]
According to the Hartford Business Journal, the MIRA Dissolution Authority has sold a 7,300-square-foot transfer station on Echo Lake Road in Watertown for $2.55 million to KR Watertwon Recycling LLC. This sale is part of a broader effort to liquidate assets, including properties in Hartford and Ellington. The Hartford properties for sale include a 92,616-square-foot […]