Grossman Cos. Buys Danbury Office Building For $17M
The Grossman Cos. has paid $16.9 million for a Class A office building in Danbury that is 35 percent vacant.
IC Federal Credit Union Appoints Emerson As New CEO
The IC Federal Credit Union in Fitchburg has chosen Anthony Emerson as the new CEO to replace retiring executive Tony Cali.
CULC CEO Leaves For IC Federal Credit Union
The IC Federal Credit Union in Fitchburg has chosen Anthony Emerson as the new CEO to replace retiring executive Tony Cali.
The Renaissance Of Mill River
The industrial district of New Haven known as the Mill River district, little-explored by outsiders, is on its way to becoming a destination for home improvement and restaurant services companies that want to locate in its manufacturing, food and construction-oriented and environs.
Bridgeport To Receive $500K Grant For Hurricane Sandy Damage
The city of Bridgeport will receive $500,000 in Hurricane Sandy Relief grant funds from the New York City-based Robin Hood Foundation.
Administrative Order Issued For Cleanup At New Haven\’s English Station Site
Current and previous owners of the former English Station power plant site in New Haven have been issued an administrative order requiring them to take action to clean up that property, potentially contaminated with cancer-causing PCBs.
Realty Firm Merges With Coldwell Banker In Danbury
The Lavelle & Herron Real Estate team has merged with Coldwell Banker Residential Brokerage in Connecticut.
Four Conn. Hotels For Sale As Portfolio Or Individual
Four Connecticut hotels are being marketed for sale to the highest bidder as part of a portfolio offering or as individual properties.
Boehringer Ingelheim Pharmaceuticals Extends Matrix Corporate Center Lease
Boehringer Ingelheim Pharmaceuticals Inc., the world’s largest privately held pharmaceutical company in the U.S., has signed a 10-year lease extension with the Matrix Realty Group at the Matrix Corporate Center on Ridgebury Road in Danbury.
Prices Slip For Some CRE Loans, Rise For Others
Despite remaining strong on a year-over-year basis, commercial real estate loan prices dropped slightly in February, according to DebtX, a popular marketplace for buying and selling loans.
Hope Springs Eternal As CRE Market Improves
The Nutmeg State\’s commercial real estate market could start the spring with a bang if a North Haven deal for 386,000 square feet of industrial space comes to fruition.
Gov. Malloy To Give Navigators Group $11.5M To Move To Conn. From New York
International insurance holding company The Navigators Group Inc. will move its corporate headquarters and additional operations to Stamford from New York by the fourth quarter of 2013.
Uncertainty Remains In Commercial RE Market, Survey Finds
Commercial Record readers\’ opinions are split when it comes to whether new office space, mixed-use, laboratory or industrial construction is likely in 2013, according to a recent survey.
New Milford Hospital Plans $10.8M Emergency Department Expansion
The Western Connecticut Health Network is planning to spend nearly $11 million to renovate and expand the New Milford Hospital emergency department.
Westport Restaurant Site To Become Jewish Center
The former Three Bears Restaurant in Westport is about to become a religious and community center after being sold to Chabad Lubavitch of Westport.
National Investor Buys 266-Unit Middletown Apartment Complex For $27M
Fairfield Residential Co. has purchased a 266-unit apartment complex in Middletown for $27 million.
Electrical Contractor Buys Milford Industrial Property
KBC Electronics Inc. has purchased an industrial building at 273 Pepes Farm Road in Milford for $630,000.
Smith Joins PCR\’s Wilton Office
Merilyn Rose Smith has joined Prudential Connecticut Realty’s Wilton office as their newest agent. She formerly worked in human resources and finance management for GE Capital, IBM & Hughes Aircraft.
New Process Designs Collaboration Into Commercial Construction Projects
“All for one and one for all” isn\’t often the tune you hear sung by the architect and general contractor working on the same project, ostensibly as partners.
Helmets To Hardhats Struggles After Loss Of Federal Funding
Although their funding has been cut, the crew operating the Helmets to Hardhats program continues its efforts – on a volunteer basis – to find jobs in construction trades for armed forces veterans.
