Commercial & Industrial

Biotech Companies Begin Pharma Research In Branford
July 7, 2017 | Reprints | Unlock LinkSeveral biotech companies have leased space on Branford’s Business Park Drive.
Viso Bello Opens Third Location In Guilford
July 7, 2017 | Reprints | Unlock LinkA new spa will move into the 4,000-square-foot space at 4 Water St.

10K SF Industrial Building Sold In Milford
July 6, 2017 | Reprints | Unlock LinkPearce Real Estate recently brokered the sale of a 10,010-square-foot light industrial building.

Ion Bank Awards $10K To Waterbury Food Sustainability Project
July 5, 2017 | Reprints | Unlock LinkThe Ion Bank Foundation recently awarded a $10,000 grant to the Brass City Harvest in order to enact its Brass City Sustainability Project.

Three-Building Apartment Portfolio Near UConn Sold For $5.2M
By Steve Adams | Commercial Record Staff | June 30, 2017 | Reprints | Unlock LinkProspect-based Axela Group has acquired a 91-unit portfolio of three apartment buildings in Ashford and Mansfield from Harvest Properties for $5.2 million, or $57,000 per unit.
Aetna To Leave Connecticut Headquarters For New York City
By The Associated Press | June 30, 2017 | Reprints | Unlock LinkInsurance giant Aetna made it official on Thursday, announcing it will move its headquarters to New York City beginning in late 2018 after nearly two centuries in Hartford, Connecticut.
State To Start Testing Self-Driving Cars
June 30, 2017 | Reprints | Unlock LinkThe state will create a pilot program allowing manufacturers and fleet service providers to test fully autonomous vehicles in Connecticut.

Milford’s Pepes Farm Road Gains New Tenant
June 30, 2017 | Reprints | Unlock LinkTILO LLC has leased a unit at 132 Pepes Farm Road in Milford.
Malloy Signs Legislation Designed To Help Break Cycle Of Crime And Poverty
June 29, 2017 | Reprints | Unlock LinkGov. Dannel P. Malloy announced that he has signed legislation developed with a number of lawmakers and advocates that is intended to create a major reform to the state’s methods of detention.
Q&A: Malloy Makes Late Pitch To Legislators For Mini Budget
By The Associated Press | June 29, 2017 | Reprints | Unlock LinkGov. Dannel P. Malloy made a last-ditch attempt Wednesday to persuade leaders of the state House of Representatives to pass the three-month mini budget he crafted and avoid what will be deep cuts to everything from youth summer jobs and rental assistance programs.
Avangrid To Move Headquarters To Orange
June 28, 2017 | Reprints | Unlock LinkAvangrid Inc., an energy services and delivery company, recently announced it is consolidating administrative and executive functions at a facility it owns in Orange.
Malloy Signs Legislation Authorizing East Windsor Casino
June 28, 2017 | Reprints | Unlock LinkGov. Dannel P. Malloy signed legislation yesterday afternoon that will authorize the operation of an entertainment and casino gaming facility in East Windsor.
Building Materials Supplier Procures 18K SF For US HQ
June 27, 2017 | Reprints | Unlock LinkO,R&L Commercial recently announced two lease completions in Rocky Hill and Berlin.
KeyBank Supports State Mentoring Efforts With $210K Grant
June 27, 2017 | Reprints | Unlock LinkFirst Niagara Foundation, in partnership with KeyBank, recently announced it will distribute a grant totaling $210,000 over the next three years to the Governor’s Prevention Partnership.

Connecticut State Worker Unions To Vote On Concessions
June 27, 2017 | Reprints | Unlock LinkUnions for Connecticut state workers have agreed to put proposed concessions to a vote by their rank-and-file members.
Woman Sentenced For Stealing $1.7M From Employer
June 26, 2017 | Reprints | Unlock LinkA Wethersfield woman was recently sentenced by U.S. District Judge Jeffrey A. Meyer in New Haven to two years in prison for stealing $1.7 million from her former employer, a Connecticut-based computer software company.
State Awards $15M In Infrastructure Grants To 50 Nonprofits
June 26, 2017 | Reprints | Unlock LinkGov. Dannel P. Malloy announced that over $15.1 million in grants are being awarded to 50 nonprofit organizations throughout Connecticut as part of the state’s Nonprofit Grant Program.
Leipold Inc. Completes $8M Expansion Project In Windsor
June 26, 2017 | Reprints | Unlock LinkGerman manufacturer Leipold Inc. recently completed a $8-million plant expansion in Windsor.
Kushner’s Real Estate Firm Received $285M Deutsche Bank Loan Before Election Day
By Washington Post | June 26, 2017 | Reprints | Unlock LinkOne month before Election Day, Jared Kushner’s real estate company finalized a $285 million loan as part of a refinancing package for its property near Times Square in Manhattan. The loan came at a critical moment. Kushner was playing a key role in the presidential...

Coastal Orthopedics Joins Westport Medical Campus
By Steve Adams | Commercial Record Staff | June 23, 2017 | Reprints | Unlock LinkCoastal Orthopedics has signed a single-floor lease at the 38,000-square-foot Westport Center for Health.