Commercial & Industrial
80-Unit Senior Housing Complex Planned for New Haven
August 26, 2019 | Reprints | Unlock LinkA large senior housing complex is planned for a lot in New Haven’s West Rock neighborhood.
After Underwhelming First Year, Can Springfield Casino Improve Fortunes?
By The Associated Press | August 26, 2019 | Reprints | Unlock LinkWith a new rival in the form of the $2.6 billion Encore Boston Harbor casino and potentially more competition in Connecticut, can the $960 million MGM Springfield, meant to revive a struggling region, turn around its own fortunes?
Connecticut Seeks Bids for 2K MW of Offshore Wind
By The Associated Press | August 26, 2019 | Reprints | Unlock LinkThe Department of Energy and Environmental Protection is seeking bids to develop 30 percent of Connecticut’s entire energy load from offshore wind sources.
Concerns Raised About State’s Lack of Borrowing for Transportation
By The Associated Press | August 26, 2019 | Reprints | Unlock LinkConnecticut’s municipal leaders are raising concerns about the lack of state borrowing authorizations, noting the slowdown has affected local repaving and other transportation-related projects.
Commercial Real Estate Sales Monthly Review, July 2019
August 26, 2019 | Reprints | Unlock LinkA recap of commercial and industrial property sales in Connecticut in July 2019.
Newington Eyes Transit-Oriented Development District
August 23, 2019 | Reprints | Unlock LinkNewington officials are rezoning a 64-acre tract to encourage transit-oriented development near a proposed train station at 565 Cedar St.
3 Leases Bring Hamden Office Building to Full Occupancy
August 23, 2019 | Reprints | Unlock LinkThree new leases at One Evergreen Avenue facilitated by Press/Cuozzo Commercial Services bring the building to full occupancy.
Bridgeport Condo Project Blocked by Judge
August 22, 2019 | Reprints | Unlock LinkA proposed condominium development in Bridgeport’s Black Rock neighborhood has suffered a legal setback with a judge’s ruling against a zone change approved by the Planning and Zoning Commission.
O,R&L Leases Over 51K SF in New Haven, Hartford
August 22, 2019 | Reprints | Unlock LinkThree leases totaling more than 51,000 square feet were recently signed in the Hartford and New Haven markets.
Shelton Development Gets Financing for Retail Project
By Steve Adams | Commercial Record Staff | August 21, 2019 | Reprints | Unlock LinkA $1.5 million construction line of credit will support development of a 16-acre commercial property in Shelton.
MA Development Firm Acquires Middletown Shopping Center
August 21, 2019 | Reprints | Unlock LinkMiddletown Plaza has been acquired by a joint venture of Grossman Development Group, based in Framingham, Massachusetts.
Albertus Magnus Purchases Former Ministry Property
August 21, 2019 | Reprints | Unlock LinkIn anticipation of the largest incoming freshman class in the institution’s history, Albertus Magnus University has purchased three buildings that formerly housed the Overseas Ministry Service Center, which has relocated to join Princeton University Theological Seminary.
Jiu-Jitsu Studio Opens in Fairfield
August 21, 2019 | Reprints | Unlock LinkBrazilian Jiu-Jitsu academy Gracie Sports USA recently began offering classes at its new 1,400-square-foot studio in the Tunxis Hill section of Fairfield
421K SF South Windsor Distribution Center Proposed
August 20, 2019 | Reprints | Unlock LinkA large distribution center proposed for South Windsor goes before town leaders for approval tonight.
Springfield Casino Operators Optimistic Despite Revenue Shortfall
August 20, 2019 | Reprints | Unlock LinkEven though it is over $14 million off its first-year monthly revenue projections, the president of MGM Resorts International is calling the company’s Springfield casino a success.
Lamont Asks Lawmakers to Help Review Quasi-Public Agencies
By The Associated Press | August 19, 2019 | Reprints | Unlock LinkGov. Ned Lamont is asking Connecticut legislative leaders to work with him on reviewing the state’s quasi-public agencies, two of which have come under scrutiny for their management practices.
Trumbull Man Sentenced for Illegal Asbestos Removal
August 16, 2019 | Reprints | Unlock LinkA New Haven landlord who exposed construction workers to asbestos as part of an illegal removal project will have to pay nearly $10,000 as punishment.
1K SF North Branford Industrial Space Leased
August 16, 2019 | Reprints | Unlock LinkA North Branford industrial space has been leased to a woodworking business.
Apartments, Restaurants Pitched for South Windsor Shopping Plaza
August 16, 2019 | Reprints | Unlock LinkA popular South Windsor shopping plaza could see the addition of restaurants and apartments.
US Homebuilding Fell 4 Percent in July, Slowing Housing Market
By The Associated Press | August 16, 2019 | Reprints | Unlock LinkThe pace of U.S. home construction fell a sharp 4 percent in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land.
