Commercial & Industrial
KeyBank Originates $47M in Mortgage Financing for Middletown Acquisitions
April 17, 2018 | Reprints | Unlock LinkKeyBank Real Estate Capital originated a total of $47 million in Freddie Mac financing for the recent acquisition of Middletown Ridge and Middletown Brooke, a two-property multifamily portfolio.
Moody’s: Recent Federal Tax Legislation to Have Adverse Effect on CT
April 17, 2018 | Reprints | Unlock LinkThe recent federal tax legislation will have an adverse credit effect on local governments in the tri-state region of Connecticut, New York and New Jersey, according to a recent report from Moody’s.
Danbury Electrical Contractor Joins Broadbridge Ave. in Stratford
April 17, 2018 | Reprints | Unlock LinkA Danbury-based electrical contractor corporation has inked a lease in Stratford.
Industrial Manufacturer Moves into Wallingford Building
April 17, 2018 | Reprints | Unlock LinkAn industrial manufacturer of high precision metal and plastic components and assemblies recently leased space in Wallingford.
CGB Foundation Invests in Multiyear Project to Revitalize Downtown Norwich
April 13, 2018 | Reprints | Unlock LinkThe Chelsea Groton Foundation will fund a multiyear project supporting the revitalization of Downtown Norwich through a Global City Initiative.
Report: Many State Pension Systems Have Huge Funding Gaps
By The Associated Press | April 13, 2018 | Reprints | Unlock LinkA public employee pension crisis for state governments has deepened to a record level even after nearly nine years of economic recovery for the nation, according to a study released Thursday, leaving many states vulnerable if the economy hits a downturn.
Rifle Association Dinner Will Have to Move Elsewhere
By The Associated Press | April 12, 2018 | Reprints | Unlock LinkAn event facility in Southington is saying that it will not be the site of a National Rifle Association fundraiser dinner.
27K SF Bridgeport Building Sells for $607K
April 11, 2018 | Reprints | Unlock LinkThe former Norwalk Vault Co. in Bridgeport recently sold for $607,000.
Municipalities Seek Legislation to Protect Budget Reserves
By The Associated Press | April 11, 2018 | Reprints | Unlock LinkConnecticut’s largest association of cities and towns has launched an online advertising campaign, urging state lawmakers to pass legislation the group says will protect municipalities from expensive bond rating downgrades.
Health-Conscious NYC-Style Pizza Chain to Open in Greenwich
April 10, 2018 | Reprints | Unlock LinkSkinnyPizza, the New York City-based chain that offers a healthier take on traditional New York-style pizza, will open its first Connecticut location in Greenwich.
Landscaper Imprisoned for Failing to Pay More Than $66K in Taxes
April 10, 2018 | Reprints | Unlock LinkA man from Orange has been sentenced to prison for failing to pay employment taxes.
Personal Training Facility to Open in Hamden
April 9, 2018 | Reprints | Unlock LinkPhoenix Fitness has leased 2,560 square feet of warehouse space in Hamden.
Specialty Wood Company Renews Milford Lease
April 9, 2018 | Reprints | Unlock LinkRugby Holdings LLC renewed its lease on Furniture Row in Milford.
PE Firm Offers CT $2B to Sell Public Properties
April 6, 2018 | Reprints | Unlock LinkChicago private equity firm Oak Street Real Estate Capital has offered up to $2 billion to purchase various state and Hartford-owned properties and lease them back to the government, according to Bloomberg.
SEC Charges Danbury Investment Adviser
By Bram Berkowitz | April 6, 2018 | Reprints | Unlock LinkThe Securities and Exchange Commission yesterday announced charges against a Danbury, Connecticut-based investment adviser for improperly registering with the commission and violating several commission rules that apply to registered investment advisers.
Proposed Legislation Would Help Stabilize State Transportation Funding
April 6, 2018 | Reprints | Unlock LinkA vote yesterday by the Finance, Revenue and Bonding Committee supports legislation that will help stabilize the state’s transportation funding in the long-term.
Health IT Company to Expand in Stamford
April 5, 2018 | Reprints | Unlock LinkGenomic testing company Sema4 will expand in Stamford with plans to add 408 new jobs over the next five years.
An Early Adopter of CRE Tech
By Steve Adams | Commercial Record Staff | April 5, 2018 | Reprints | Unlock LinkA timely and tech-savvy internship helped Sean Cahill land his first job in commercial real estate.
Milford Shopping Plaza Sold for $28M
By Steve Adams | Commercial Record Staff | April 4, 2018 | Reprints | Unlock LinkThe 62,442-square-foot Milford Square shopping plaza has been sold for $28 million to RJ Milford LLC.
18-Acre Property Hits Market in Farmington ‘Innovation Zone’
By Steve Adams | Commercial Record Staff | April 4, 2018 | Reprints | Unlock LinkThe Farmington Avenue Baptist Church of West Hartford has placed 18.5 acres of unimproved land in Farmington on the market and hired CBRE/New England as its exclusive adviser.
