According to the Hartford Business Journal, A packaging company based in Québec, Canada, announced that it will shut down its plant located at 1 Edmond Rd., in Newtown by late April 2024. The closure will affect 71 workers, some of whom are unionized. The company cited market conditions, high operating costs, outdated technology and the […]
Market
According to the Hartford Business Journal, A shopping center in Stratford with 115,000 square-feet of space and a Big Y supermarket as its anchor store, was sold for $24.65 million to a Massachusetts-based company. The plaza, located at 355 Hawley Lane, is 93% occupied by various retail tenants. The new owners plan to keep the […]
Per the Hartford Business Journal, Condyne Capital Partners recently bought nearly 27 acres of land in Windsor for $1.9 million. The land is located at 205 Baker Hollow Road and is planned to be part of Condyne’s Baker Hollow Logistics Center, which aims to provide modern and efficient warehouse space. Condyne plans to build a large industrial […]
According to the Hartford Business Journal, A commercial building on Boston Post Road in Orange was recently sold for $1.55 million to an investment group from Trumbull. The building has 7,450 square-feet of space and two retail tenants. The seller is also developing another commercial property on Boston Post Road, which will be a medical […]
According to the Hartford Business Journal, A three-story office building in West Hartford was sold for $1.49 million to a New Haven-based buyer. The building, located at 67 Prospect Ave., has 20,358 square-feet of space and sits on 0.6 acres. The seller, Mercedes Properties LLC, had bought the property in 2012 for $690,000. The largest […]
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