Commercial & Industrial
State Grants To Support 13 Small Towns
October 7, 2015 | Reprints | Unlock LinkThirteen small towns in Connecticut have been approved to receive funding through the Small Town Economic Assistance Program (STEAP), which assists with infrastructure improvement projects. This round of grants is the third installment this year – the first was in...
Ameriprise Signs On With Marcus Partners Property In Westport
October 6, 2015 | Reprints | Unlock LinkAmeriprise Holdings has signed a long term lease at 10 Wright St. in Westport. The company took 7,640 square feet in the 84,000-square-foot complex owned by Marcus Partners, which is currently in the midst of a $5 million renovation. “We look forward to welcoming...
Survey: Tourism Industry Shines In Summer 2015
October 6, 2015 | Reprints | Unlock LinkAn end-of-season survey of 23 leading tourist attractions in Connecticut revealed a strong state tourism industry during this past summer. The survey found a 12 percent increase in visitors to some of the state’s top destinations during the 2015 summer months. Tourism...
Labor Commissioner Announces Departure Slated For Year’s End
October 5, 2015 | Reprints | Unlock LinkConnecticut Department of Labor Commissioner Sharon M. Palmer has opted to retire from her position at the end of this year. Palmer became head of the department in August 2012 and was reappointed earlier this year by Gov. Dannel P. Malloy upon his reelection. Under...
Contruction Company Finds New Northeast Location In Newington
October 5, 2015 | Reprints | Unlock LinkThe Middlesex Corp., a Massachusetts-based construction services company, has leased office space in Newington. The company, who operates throughout the Northeast and Florida, signed on for 5,855 square feet at 48 Christian Lane in the Town Line Business Park. They...
U.S. Job Growth Stumbles, Raising Doubts On Economy
October 2, 2015 | Reprints | Unlock LinkU.S. employers slammed the brakes on hiring over the last two months and wages fell in September, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year. Payrolls outside of farming rose by 142,000 last...
Grant Applications Open To Help Revitalize Former Industrial Sites
October 1, 2015 | Reprints | Unlock LinkConnecticut Department of Economic and Community Development (DECD) is accepting applications for $7.5 million in grants to help clean up former industrial sites in communities throughout the state, according to a statement from the office of Gov. Dannel P. Malloy. A...
Report: Retail Occupancy Rates Climb To Seven-Year High In Greater Hartford
October 1, 2015 | Reprints | Unlock LinkGreater Hartford has reached its highest retail occupancy rate since 2008, according to a recent report from KeyPoint Partners LLC. The company released the KeyPoint Report for Greater Hartford Connecticut 2015, detailing various aspects of retail real estate,...
Federal Workforce Grant To Help At-Risk Vets
September 30, 2015 | Reprints | Unlock LinkBridgeport-based The WorkPlace, one of five workforce development boards in the state, has received a $130,000 grant to provide services that will assist formerly incarcerated veterans considered at risk of becoming homeless in finding meaningful employment. The...
Submarine Maker’s Expansion Spurs Federal Investment In Manufacturing Jobs
September 30, 2015 | Reprints | Unlock LinkThe U.S. Department of Labor has awarded Connecticut a $6 million grant to develop the Eastern Connecticut Manufacturing Pipeline Initiative, aimed at training workers in the manufacturing and aerospace industries around the state. The initiative, a partnership of...
Malloy’s Transportation Funding Panel Needs More Time The Associated Press
September 30, 2015 | Reprints | Unlock LinkConnecticut Gov. Dannel P. Malloy says he’s fine with giving a committee more time to come up with ways to finance his proposed 30-year, $100 billion transportation overhaul. The group created by Democratic governor was originally tasked with recommending funding...
Day Care Center Signs In Stamford
September 29, 2015 | Reprints | Unlock LinkA day care center has signed a 15-year lease for 12,500 square feet of retail space in Stamford. The Children’s Corner will occupy the building at 2 Stamford Landing, utilizing an additional 2,500 square feet of space for an outdoor playground. This is the second...
Orthodontics Office Leases 1.8K SF
September 29, 2015 | Reprints | Unlock LinkTeam Demas Orthodontics recently signed a lease in Southington. The 1,800-square-foot office, located at 27 Meriden Ave., will be Team Demas Orthodontics’ third location, with other offices in Watertown and Woodbury. The building is owned by CAP Investments. Tony...
GE To Move Engine Plant To Canada As U.S. Trade Bank Languishes
September 28, 2015 | Reprints | Unlock LinkGeneral Electric Co. said on Monday it will move production of large, gas-powered engines to Canada from Waukesha, Wisconsin, along with 350 jobs, because the company cannot access financing through the U.S. Export-Import Bank. In its latest salvo aimed at persuading...
$2.6M Fed Grant To Boost Labor Insurance, Fraud Prevention Systems
September 28, 2015 | Reprints | Unlock LinkThe Connecticut Department of Labor (CTDOL) has been awarded over $2.6 million in grants from the U.S. Department of Labor (USDOL) for IT upgrades. About $2.1 million of the funds will be used to replace the state’s outdated unemployment insurance computer system,...
Wareck D’Ostilio RE Adds New Agent To Roster
September 24, 2015 | Reprints | Unlock LinkMilford-based Wareck D’Ostilio Real Estate has hired a new agent. The company has brought in New York native Kathleen Krolak for her 15 years of experience in commercial real estate and property management. Currently working with Business Development EDC in New Haven,...
Shelton-Based Power Company Signs On For 13.8K SF In Bloomfield
September 24, 2015 | Reprints | Unlock LinkHuntington Power Equipment Inc. has leased space for a new location in Bloomfield. The Shelton-based company has signed on for 13,800 square feet at 34 East Dudley Town Road. Hunting Power Equipment specializes in generators and emergency power solutions. This new...
State Moves To Toss MGM’s Tribal Casino Lawsuit
September 24, 2015 | Reprints | Unlock LinkConnecticut wants a federal court to toss out a lawsuit filed by casino developer MGM Resorts International, which challenged the constitutionality of a law creating a multistep process for a possible third tribal casino along the Massachusetts border. In a motion...
Software Company Leases West Haven Offices
September 23, 2015 | Reprints | Unlock LinkA software company recently signed a five-year lease in West Haven. Device42 Inc. will occupy 4,500 square feet of office space on 600 Saw Mill Road. The company works to deliver comprehensive solutions that enable companies to visualize their infrastructure,...
Antique Center Leases 8K SF
September 23, 2015 | Reprints | Unlock LinkAn antique center has signed a lease for 8,000 square feet of retail space. Key To The Past Antique Center will occupy 15-65 Frontage Road in East Haven, joining Home Depot, AutoZone, Wendy’s, Bottle Depot, Golden Dragon Buffet, Kempo Karate and Winner’s OTB. Toby...
