Commercial & Industrial
Report: Hartford OKs Downtown Development Plan
June 12, 2019 | Reprints | Unlock LinkHoping to make sure the city’s stalled Downtown North redevelopment is shovel-ready, the Hartford City Council voted to OK a plan for Stamford-based RMS Cos. to redevelop several blocks around Dunkin Donuts Stadium.
JPMorgan Chase Plans to Open First Branch in Hartford
June 12, 2019 | Reprints | Unlock LinkJPMorgan Chase plans to open its first retail branch in Hartford come September.
Hartford’s ‘Gold Building’ Sells for $70.5M
June 11, 2019 | Reprints | Unlock LinkHartford’s One Financial Plaza, also known as “The Gold Building,” has sold to a joint venture including an investment arm of downtown-based LAZ Parking for $70.5 million.
Marina Owner Admits Lying to the SBA to Receive Disaster Loan
June 11, 2019 | Reprints | Unlock LinkAn Old Saybrook man has waived his right to be indicted and pleaded guilty before U.S. District Judge Michael P. Shea in Hartford to one count of making false statements for the purpose of obtaining a Small Business Administration loan.
Norwalk Shopping Center Secures $3M for Refinancing and Improvements
June 11, 2019 | Reprints | Unlock LinkThe owner of a shopping center along U.S. 1 in Norwalk has received $3 million to refinance the property and fund tenant improvements.
Marketing Agency Leases Loft-Style Offices in Norwalk
By Steve Adams | Commercial Record Staff | June 11, 2019 | Reprints | Unlock LinkMarketing agency Colangelo is expanding from coworking space to an 11,234-square-foot headquarters at a Building and Land Technology-owned loft office building in Norwalk.
Third Hartford Design Firm Moving to Colt Complex
June 10, 2019 | Reprints | Unlock LinkHartford’s Tecton Architects will be moving to the city’s Colt Gateway mixed-use complex, joining two other design firms.
United Technologies, MA Defense Giant Plan Mega-Merger
By The Associated Press | June 10, 2019 | Reprints | Unlock LinkUnited Technologies Corp. and Raytheon are merging in a deal that creates one of the world’s largest defense companies, whose headquarters will be located in the Boston area.
Could Bridgeport Casino Make Special Session Appearance?
By The Associated Press | June 10, 2019 | Reprints | Unlock LinkThere’s still a chance that a wide-ranging deal on expanded gambling in Connecticut, one that could possibly include sports betting, internet gambling and a Bridgeport casino, could be reached in the coming months
DOT Replaces Stamford I-95 Bridges Ahead of Schedule
By The Associated Press | June 10, 2019 | Reprints | Unlock LinkGov Ned Lamont says the Connecticut Department of Transportation has successfully replaced two bridge spans near Interstate 95 in Stamford, a project that required the highway to close over two consecutive weekends.
Report: CT Among States With Worst Credit Quality in Country
June 7, 2019 | Reprints | Unlock LinkCredit quality in Connecticut has fallen dramatically over the last decade and now ranks toward the bottom out of all 50 states.
Hartford Looking to Help Hilton Renovations With New Lease Terms
June 7, 2019 | Reprints | Unlock LinkWith the city’s downtown Hilton hotel in need of renovations, Hartford Mayor Luke Bronin is asking the city council for authorization to renegotiate the terms of the hotel’s ground lease.
Milford Property Secures Lease for Distribution
June 7, 2019 | Reprints | Unlock LinkSchutz Dental Group has leased a 1,600 unit at 132 Pepes Farm Road in Milford.
Madison Commercial Property Sells for $2.79M
June 7, 2019 | Reprints | Unlock LinkAn 18,030-square-foot Madison retail-office property with long-term tenancy has been sold for $2.79 million.
Trump’s Mexico Tariffs Would Cost CT $125M to $625M
June 6, 2019 | Reprints | Unlock LinkA new analysis by the U.S. Chamber of Commerce finds the Trump administration’s plan to impose a 5 percent tariff on all goods from Mexico starting on June 10 could cost Connecticut over $125 million.
Bridgeport Tribal Casino Fails in Legislature’s Final Hours
By The Associated Press | June 6, 2019 | Reprints | Unlock LinkDespite last-minute efforts, state lawmakers did not pass a bill to authorize a tribal casino in Bridgeport before the five-month regular session ended Wednesday night.
Electronic Tolls Headed for Special Session
By The Associated Press | June 6, 2019 | Reprints | Unlock LinkConnecticut lawmakers on Wednesday wrapped up a five-month legislative session marked by Democratic victories, the first in years with a sizeable Democratic legislative majority and a new Democratic governor.
US Productivity Grew at Solid 3.4 Percent Rate in Q1
By The Associated Press | June 6, 2019 | Reprints | Unlock LinkU.S. productivity grew at a strong 3.4 percent rate in the January-March quarter, the best showing in more than four years, the Labor Department reported Thursday. It was an encouraging sign that productivity may finally be improving after a long stretch of weakness.
44 Apartments Planned for Downtown New Haven Gas Station
June 5, 2019 | Reprints | Unlock LinkThe owner of a money-losing downtown New Haven gas station is planning to build 44 apartments on the 0.32-acre site, including microunits.
Former New Haven Funeral Home Sells for $1.06M
June 5, 2019 | Reprints | Unlock LinkA former New Haven funeral home in the popular East Rock neighborhood has traded for $1.06 million.
