According to the Hartford Business Journal, a Hartford-based real estate and investment company, has acquired two properties in Newington that formerly hosted a data center for Raytheon Technologies Corp. The deal involved a 61,428-square-foot industrial building on 2.5 acres at 25 Holly Drive, and an adjacent, vacant 1.57-acre property at 50 Holly Drive. The property […]
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According to the Hartford Business Journal, the former Stone Academy campus in East Hartford was recently sold to two separate buyers for a combined $1.25 million. A New-York based investment group purchased a 2.53-acre property at 745 Burnside Ave. with plans to convert a 12,768-square-foot classroom building and a 4,481-square-foot office building into housing or office […]
According to an article published in REbusiness Online, The Yankee Candle Co. has opened a new warehouse and distribution center located at 142 Elm St. in Hatfield, MA. The company will occupy the entire 359,938-square-foot facility. Click Here: Yankee Candle Co. Opens 360,000 SF Warehouse, Distribution Center in Hatfield, Massachusetts for more information.
According to the Hartford Business Journal, the city of Hartford has appointed a new economic development director, Patrick Pentalow, who has experience in the private sector and local politics. Pentalow will work closely with the new mayor, Arunan Arulampalam, to promote downtown vibrancy and neighborhood revitalization. The city has also hired a new housing director, […]
According to a recent article from the Hartford Business Journal, the industrial real estate market in Connecticut is expected to remain strong in 2024, despite some challenges such as financing, land availability, and environmental regulations. The region had an overall industrial vacancy rate of 3.7% at midyear 2022, with companies adding 1.3 million square feet […]
According to the Hartford Business Journal, A West Hartford commission approved the wetlands permit for a part of the redevelopment of the former UConn campus on Asylum Avenue. The project, now called Heritage Park, will have a mix of residential and commercial uses on the 58-acre property. Developers have made changes to their plans to […]