According to the Hartford Business Journal, Hartford officials are seeking to postpone the city’s next property revaluation by one year, moving the scheduled reassessment from 2026 to Oct. 1, 2027. The proposal, which was introduced to the City Council and referred to a committee for review, follows state legislation that grants Hartford a one-time opportunity […]
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According to the Hartford Business Journal, Otis Worldwide plans to relocate its corporate headquarters from 1 Carrier Place in Farmington to leased office space at 29 South Main St. in West Hartford in 2027. The company has signed a lease for approximately 31,790 square feet at the Town Center complex while maintaining its broader Connecticut […]
According to the Hartford Business Journal, Jasko Development expanded its downtown New Britain holdings with a $1.5 million acquisition of the neighboring properties at 2-26 Main St. and 3 Franklin Square, along with a small adjoining parcel at 12 Glen St. The transaction included a 16,326-square-foot office-retail building on a quarter-acre site and a 3,045-square-foot […]
According to the Hartford Business Journal, 3R Realty LLC purchased the medical office property at 22 Morgan Farms Drive in South Windsor for $1.4 million and plans to relocate RS Dental CPA’s headquarters into the building while maintaining it as a medical and dental office complex. The asset was acquired from 22 Morgan Farms LLC, […]
According to the Hartford Business Journal, New Haven is considering a 12-month moratorium on new data center construction and on the conversion of existing properties into data centers while it develops zoning regulations for the industry. The proposal, which is scheduled for review by the City Plan Commission, would temporarily prevent city departments from accepting […]
According to the Hartford Business Journal, WW Manchester LLC, an affiliate of Spectra Construction & Development Corp., plans to convert the historic Clark Building at 160 Hartford Road in Manchester into a 40-unit apartment development. The roughly 30,000-square-foot former Cheney Brothers silk mill structure, which dates to about 1870, was purchased by the developer for […]