Commercial & Industrial
Svigals + Partners To Design HQ For Biotech Startup In New Haven
September 20, 2017 | Reprints | Unlock LinkThe architecture, art and advisory firm Svigals + Partners has been selected to design a new headquarters for the growing biotech startup BioHaven. The new location will be crafted from an early 1900s brick bank building in New Haven. Svigals + Partners will create a...
Malloy Says The Time Has Come For A Bipartisan Budget Plan
By The Associated Press | September 19, 2017 | Reprints | Unlock LinkGov. Dannel P. Malloy said Monday that he is willing to compromise with Republicans on a bipartisan budget plan, but he reiterated that he will veto the GOP-backed budget that passed the legislature over the weekend.
RE Firm Places Winning Bid On East Haven Facility
September 19, 2017 | Reprints | Unlock LinkA real estate company recently acquired a 71,655-square-foot industrial facility in East Hartford through an auction.
Fairfield County Entrepreneur Picks Up $100K Commercial Loan
September 19, 2017 | Reprints | Unlock LinkWorth Avenue Capital LLC announced that it just successfully closed a $100,000 commercial loan to a business-related LLC.
East Grandby Industrial Complex Sold For Nearly $3.9M
September 18, 2017 | Reprints | Unlock LinkA multitenant industrial complex in East Grandby has sold for just under $3.89 million.
Lawmakers Fail To Approve New Budget, Impasse Continues
By The Associated Press | September 15, 2017 | Reprints | Unlock LinkConnecticut lawmakers went home early Friday without approving a two-year, $41 billion budget that would have created new taxes and fees but wouldn’t have included increases in the sales or income taxes.
Creating Incentives For Downtown Vitality
By Steve Adams | Commercial Record Staff | September 14, 2017 | Reprints | Unlock LinkDecisions by General Electric, Aetna and Alexion Pharmaceuticals to uproot their corporate headquarters from Connecticut have spotlighted job-creating industries’ growing preference for urban centers with young, educated talent pools. Restoring jobs, housing and vibrancy to the state’s downtowns and struggling cities has been the longtime goal of the Hartford-based Connecticut Main Street Center. Patrick McMahon joined the group as CEO on Aug. 21 following a stint as economic development director in Suffield.
Stamford Office Buildings Sell For Nearly $7.6M
September 13, 2017 | Reprints | Unlock LinkA local development and investment firm recently purchased three office buildings in Stamford totaling 52,000 square feet.
Alexion Pharmaceuticals Moving HQ From New Haven To Boston
By Steve Adams | Commercial Record Staff | September 12, 2017 | Reprints | Unlock LinkConnecticut-based Alexion Pharmaceuticals will move its headquarters from New Haven to Boston in mid-2018, bringing 400 corporate and research jobs and filling the remaining office and lab space in a speculative tower scheduled to open early next year in Boston’s Seaport District.
Solar Power To See Wider Diffusion In The State
September 12, 2017 | Reprints | Unlock LinkThe Connecticut Green Bank and Onyx Renewable Partners LP this week announced the introduction of Green Bank Solar power purchase agreement (PPA), a joint program that will provide funding for more than 15 megawatts of commercial-scale solar projects in Connecticut.
52K SF Facility Sold In Vernon
September 12, 2017 | Reprints | Unlock LinkTradewind Investments LLC has purchased an industrial property in Vernon.
Wealthy Greenwich Launches Marketing Campaign
By The Associated Press | September 11, 2017 | Reprints | Unlock LinkAs Connecticut struggles with a budget stalemate and the departure of major companies, one of its wealthiest communities wants to make it known to the wider world that all is well in Greenwich.
Good Sports Reups Manchester Leases
September 11, 2017 | Reprints | Unlock LinkConnecticut-based Good Sports Inc. has renewed its leases at two locations in Manchester.
North Haven Office/Apartment Building Fetches $350K
September 7, 2017 | Reprints | Unlock LinkA small medical office with an overhead apartment recently sold for $350,000.
Hurricane Harvey Lifts US Jobless Claims To More Than Two-Year High
By Reuters | September 7, 2017 | Reprints | Unlock LinkThe number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week amid a surge in applications in hurricane-ravaged Texas, but the underlying trend remained consistent with a firming jobs market.
Storrs Center Phase II Sold For $13.1M
By Steve Adams | Commercial Record Staff | September 6, 2017 | Reprints | Unlock LinkLeylandAlliance has sold Phase II of the Storrs Center mixed-use complex near University of Connecticut’s main campus.
West Haven Makes Way For Park Place, State Farm Moves Into Milford
September 5, 2017 | Reprints | Unlock LinkColonial Properties brokered the sale of commercial property in West Haven and completed a seven-year lease in Milford.
Worth Avenue Capital Closes $350K CRE Loan In Old Saybrook
September 1, 2017 | Reprints | Unlock LinkA restaurateur who owns and operates several restaurants in Southeastern Connecticut has closed on a $350,000 “follow on” commercial loan from Worth Avenue Capital LLC.
Greenskies Arranges For Solar Energy Source In Sprague
August 31, 2017 | Reprints | Unlock LinkGreenskies Renewable Energy has signed a contract with the city of Sprague to build a 150-kilowatt solar photovoltaic system at the Sprague Waste Water Treatment Plant in Baltic.
Primary Care Practice Renews Stamford Lease
August 31, 2017 | Reprints | Unlock LinkAn independently owned primary care practice has renewed its 10,000-square-foot lease in Stamford.
