Glastonbury Retail Development Sells for $29M
A prominent Glastonbury retail property has traded hands to a joint venture of Asana Partners and Grossman Development Group.
Windsor Locks Train Station, with Airport Link, Set to Open
Windsor Locks’ brand-new train station will open to the public Sunday, along with a transit connection to Connecticut’s biggest airport.
Investment Strategy Places Bets on Onshoring
Under its new president, Tony Calabrese, Hendrie Lane Capital is counting on a resurgence of American manufacturing to drive demand for industrial properties in select East Coast markets.
Westport Mixed-Use Building Sells for $23M
Originally built in 1909, 44 Main St. sold for $23.4 million on Oct. 1 to an affiliate of Rye, New York based realty trust.
Guilford Warehouse Sold for $10.76M
The owners of a Guilford warehouse just off Interstate 95 have sold to a major regional charity.
State Gives $9M to Renovate Founders’ Plaza Tower into Apartments
Gov. Ned Lamont hopped across the river to East Hartford on Wednesday to tout the state’s role in another big real estate development: Renovating the Founders Plaza tower.
Windsor Manufacturing Asset Trades for $13M
The owners of a large industrial building in Windsor have sold to a joint venture after a nearly nine-year hold.
Report: Yale Planning 500K SF, 90K SF Science Buildings
Yale University has taken the wraps off a pair of big, new buildings it hopes to build next to downtown New Haven over the next six years.
CT Investor Bets on R&D and Manufacturing Acquisitions in MA
A joint venture including Connecticut-based Hendrie Lane Capital bought a fully leased portfolio in Massachusetts for $43.5 million as part of its strategy to acquire buildings at discounts to replacement cost.
Coworking Operators Find New Growth Avenues in Connecticut
A cold call from an East Hartford hotel developer provided an opportunity for a central Connecticut coworking operator to test a new real estate model for expansion.
A Year After Approvals, Mass Mutual Redevelopment Seeks Plan Tweaks
MB Financial Group is returning to Enfield city officials for permission to add even more units to its 335-unit redevelopment of a former Mass. Mutual office campus.
See CT’s Plans for High-End Reboot of New Haven Union Station
One of New Haven’s major portals to the rest of America, its Amtrak and Metro-North train station, is in line for a huge makeover. Renderings released by Gov. Ned Lamont’s office Monday show what the state hopes to buy with a $15.7 million interior...
High Mortgage Rates, Low Inventory Strain CT’s Fall Housing Market
While inventory typically rises in the fall, the latest data shows little growth amid economic uncertainty and persistently high mortgage rates.
M7 Lofts Show Residential Potential for Big Office Footprints
Norwalk’s newest office conversion will test the potential for large 1980s-era office buildings to be repurposed as housing, despite physical constraints that often challenge would-be developers.
Simsbury Grocery Store Fetches $17M
Real estate investment management firm Realty Income Corp. has bought a Simsbury grocery store property.
Waterbury Union Station Development on the Market, Asking $5M
The Waterbury landmark city officials hope can anchor a revitalized downtown is being offered for sale.
Barings Lends $73M for Cross Ocean Partners JV-Owned Campus
A Massachusetts office park that was acquired by a joint venture including a Greenwich investment company received $72.6 million in financing from Barings.
540-Unit Stamford Development Site Listed for Sale
A site in Stamford’s Harbor Point neighborhood has been put up for sale by its owner, an affiliate of developer Building and Land Technology.
Waterbury Development Lands $11M in State Money
A Waterbury housing development aimed at healthcare workers has secured the financing it needs to get underway, thanks to a major infusion of state dollars.
Norwalk Resi Conversion Gets $75M Construction Loan
A joint venture completed its acquisition of two Norwalk office buildings for a 268-unit apartment conversion and received $75.5 million in construction financing.
