Expansive Industrial Site In Branford Sells For $10.5M
G+L 15 & 35 NE Industrial LLC has sold Branford’s Northeast Technology Center to SH NETC Branford LLC for $10.5 million.
Bic Returns To Former Space In Milford
Bic Consumer Products Manufacturing Co. Inc. is returning to its former space in Milford.
New Haven Building Demolished After Bricks Fall From It
A building in New Haven that was more than a century old has been torn down after several bricks fell from its facade to the sidewalk.
Hamden Commercial Property Fetches $460K
Michael Carrano has purchased an 8,400-square-foot commercial building in Hamden through Press/Cuozzo Commercial Services.
Investment Firm Leases Milford Industrial Unit Through Geenty Group
Pelican Investments LLC has leased an industrial unit in a multi-tenant facility in Milford.
Taking The Pulse Of Connecticut’s Economy
Peter Gioia’s job is to keep a finger on the pulse of the Connecticut economy, and lately it’s been somewhat faint. The state has struggled to replace jobs lost during the recession, while Connecticut ranks in the bottom 10 states in housing price recovery. As the head of CBIA’s research department, Gioia analyzes economic data, provides policy analysis and surveys the group’s 10,000 member companies every quarter for on their opinions of current conditions and future expectations.
Travel Booking Company Leases Office In Hamden
FC USA Inc., the parent company of GOGO Worldwide Vacations, has signed a long-term lease at Hamden Center II in Hamden.
Amazon Signs Lease In Wallingford
Online retail outlet Amazon.com has leased an industrial facility in Wallingford.
Restaurant Secures 4,300 SF In Rocky Hills For New Location
DeNovelli’s Restaurant has leased 4,300 square feet at the Cold Spring Plaza in Rocky Hill.
Saks Fifth Avenue Leases Retail Space In Greenwich
RHYS Commercial brokered 13,500 square feet of retail to Saks Fifth Avenue at 20 East Elm Street in Greenwich.
Wallingford Office Building Sells For $875K
Pearce Real Estate has announced the sale of a 19,000 square-foot office building in Wallingford for $875,000.
Improving U.S. Jobs Market Bolsters Case For Fed Rate Hike
U.S. employment rose at a solid clip in July and wages rebounded after a surprise stall in the prior month, signs of an improving economy that could open the door wider to a Federal Reserve interest rate hike in September.
1K SF Flex Space Leased in North Branford
Jessica Alvarez-Hawke, a specialty woodworkers for kitchens, has leased a 1,000-square-foot unit in a multi-tenanted flex building at 2344 Foxon Road in North Branford.
State Alerts CT Companies To ‘Records Statement\’ Mailing Scam
State officials are warning businesses across Connecticut to be wary of a fraudulent document, titled “Annual Records Statement” from the “Division of Corporate Services,” used to scam business owners. The document poses as an official requirement for companies, and requests a fee be sent with the completed form.
U.S. Private Job Growth Slows, Trade Deficit Widens
U.S. private job growth slowed sharply in July, pointing to a loss of momentum in the economy heading into the third quarter that could temper expectations of a September interest rate hike.
MGM Resorts Files Lawsuit Against Connecticut Officials
Casino developer MGM Resorts International filed a lawsuit Tuesday against several top state officials, including Gov. Dannel P. Malloy, saying a law he signed that could lead to a third tribal casino in the state is unconstitutional because it gives two tribes preferential treatment.
STV|DPM Office Returns To Downtown Hartford
STV|DPM, formerly Diversified Project Management, recently relocated to downtown Hartford on Trumbull Street.
U.S. Employment Costs Post Smallest Gain On Record In Q2
U.S. labor costs in the second quarter recorded their smallest increase in 33 years amid tepid gains in the private sector, but it likely was a temporary setback against the backdrop of diminishing labor market slack.
Engineering Firm Renews 12K SF Lease In East Granby
East Granby-based engineering and manufacturing firm National Conveyors Co. Inc. has renewed its lease of office and manufacturing/design space at 33 Nicholson Road.
Five Submit Proposals To Redevelop New London Inn
Five developers have submitted proposals for New London’s historic Lighthouse Inn property, which closed in 2008 and was acquired by the city in a 2013 tax foreclosure auction.
