Commercial & Industrial
Branford Former Church Sells for $900K
May 6, 2019 | Reprints | Unlock LinkA former church on a 10-acre site in Branford has sold for $900,000.
Hartford Sells 11 Blighted Properties at Auction
May 6, 2019 | Reprints | Unlock LinkBuyers paid more than $770,000 to the city of Hartford for 11 blighted properties at a recent auction, the first such sale of tax delinquent properties held since 2015.
Lamont Rolls Out Plan to Make New London ‘Hub’ for New England Wind Power
May 3, 2019 | Reprints | Unlock LinkGov. Ned Lamont unveiled a $93 million plan Thurdsday which he and local officials hope will trigger a surge in industrial investment in New London and make it a key hub for offshore wind power in New England.
Major Repairs Getting Underway at Stamford Train Station
May 3, 2019 | Reprints | Unlock LinkThe garage that serves Stamford’s main transportation hub is getting some much-needed TLC.
Spinnaker Pitches Apartments for Bridgeport Movie Theater Site
May 2, 2019 | Reprints | Unlock LinkRedevelopment of a movie theater on the Bridgeport-Fairfield line could finally be poised to take off five years after its owner announced its pending closure.
Committee Backs $262M Capital Gains Tax Expansion in Budget Bill
By The Associated Press | May 2, 2019 | Reprints | Unlock LinkA state revenue package that rejects much of Democratic Gov. Ned Lamont’s proposed sales tax expansion, yet includes new or higher taxes on alcohol, capital gains income, prepared meals, digital downloads, cigarettes and more will become the basis for upcoming budget negotiations.
Hartford DoNo Grocery Store Project Opposed by Next-Door School
May 2, 2019 | Reprints | Unlock LinkA proposal to build a grocery store as part of development around the Dunkin Donuts Park baseball stadium north of the city’s downtown is running into opposition from a city magnet school, a city councilor and neighbors.
Report: Mohegan Sun Will Continue its Lawsuit Over Boston Casino Decision
May 2, 2019 | Reprints | Unlock LinkWynn Resorts may have closed the book on Massachusetts regulators’ investigation into how it handled sexual misconduct claims against founder Steve Wynn, but legal problems related to its soon-to-open Boston casino aren’t over yet.
Real Estate Industry Helps Lead Growth in CT Economy
May 1, 2019 | Reprints | Unlock LinkThe state economy grew in the last quarter of 2018, but at a much slower pace than in the third quarter, according to the newest data from the federal Bureau of Economic Analysis.
Wynn Fined $35M, But Keeps Boston Casino License
By State House News Service | May 1, 2019 | Reprints | Unlock LinkMohegan Sun won’t get a chance to buy its way into the Boston casino market, after all.
Top Hartford Economic Development Official Retires
May 1, 2019 | Reprints | Unlock LinkOne of the MetroHartford Alliance’s top economic development officials is leaving the agency.
Yale New Haven Hospital Announces $838M Expansion
April 30, 2019 | Reprints | Unlock LinkYale New Haven Hospital is expanding one of its two New Haven locations in a dramatic way.
Investors Want to Bring Women’s Pro Soccer to Windsor Stadium
April 30, 2019 | Reprints | Unlock LinkA group of investors that includes Mohegan Sun is proposing to bring a new sports team to the Hartford area, and it wants to build a 7,000-seat stadium to house it.
Danbury Officials Pushes MetroNorth Upgrades, New Rail Connection
April 29, 2019 | Reprints | Unlock LinkDanbury officials are getting traction with calls for MetroNorth improve service from New York to the city, and connect it with the New York town of Southeast, where another MetroNorth line runs close to the state border.
Survey Predicts Slower Pace of Economic Growth
By The Associated Press | April 29, 2019 | Reprints | Unlock LinkA survey of corporate economists predicts the economy will expand over the next year, although the pace of growth will decline and employers are facing pressure to raise wages, spend more on worker training and automate tasks because of the low unemployment rate.
CREW CT Recognizes Top Projects
By Steve Adams | Commercial Record Staff | April 26, 2019 | Reprints | Unlock LinkAn awards ceremony by CREW CT – The Real Estate Exchange recognized women’s contributions to standout commercial real estate projects in Connecticut and Western Massachusetts, while recognizing the need to more women in industry leadership roles and attracting more diversity in the industry.
Milford Shopping Center Sells for $59.6M
April 26, 2019 | Reprints | Unlock LinkThe Milford Crossing shopping center has changed hands for nearly $60 million.
CHFA Awards $10.28M to Create 348 Affordable Apartments
April 26, 2019 | Reprints | Unlock LinkThanks to federal Low Income Housing Tax Credits announced Thursday by the Connecticut Housing Finance Authority, seven apartment development projects are moving forward.
State Bails on $1.1M, 113-Acre Land Buy
April 25, 2019 | Reprints | Unlock LinkGov. Ned Lamont is pulling the plug on a planned State Police training facility proposed for Griswold.
Fairfield Lighthouse Pitched as Cremation Storage Facility
April 25, 2019 | Reprints | Unlock LinkA state legislator has proposed an unusual use for a well-known landmark off Bridgeport’s coast.
