Commercial & Industrial
Horizon Group Properties Gets Green Light For Groundbreaking
September 23, 2015 | Reprints | Unlock LinkHorizon Group Properties received approval to move forward with its Rentschler Field project at a recent meeting. East Hartford’s Inland Wetlands/Environment Commission gave the green light to proceed with a groundbreaking for The Outlet Shoppes. Horizon Group...
Lester Inc. Signs 3.3K SF Lease In East Haven
September 23, 2015 | Reprints | Unlock LinkLester Inc., a technology and business solutions company, has leased 3,330 square feet of office space in East Haven. Lester’s new location will be in the 48,171-square-foot office building at 100 South Shore Road, on the Long Island Sound. The tenant was represented...
Malloy: New Haven I-95 Expansion Bridge Set To Open By Month’s End
September 22, 2015 | Reprints | Unlock LinkGov. Dannel P. Malloy today announced that the southbound side of the new Pearl Harbor Memorial Bridge on I-95 in New Haven – known as the Q Bridge – is scheduled to open approximately eight months ahead of schedule. Construction of the main span bridge was completed...
Guilford Surgery Center Leases In Innovation Park
September 17, 2015 | Reprints | Unlock LinkGuildford Surgery Center LLC (GSC) has signed a 10-year lease in Innovation Park. The center leased 13,517 square feet in the Class-B building at 246 Goose Lane. GSC is comprised of local surgeons and Merritt Healthcare of White Plains, N.Y. The new entity will be...
All Electric Construction & Commercial Purchases 4K SF
September 17, 2015 | Reprints | Unlock LinkAll Electric Construction & Commercial recently purchased an industrial building to house its electrical contracting business. The 4,000-square-foot building, which sits on about half an acre at 80 Farwell St. in West Haven, sold for $289,000. Bill Clark, senior...
CBRE Kicks Off Revedelopment Project
September 17, 2015 | Reprints | Unlock LinkCBRE Group's Westchester/Fairfield County office recently announced the commencement of the SoNo Place redevelopment project, which will later return to the market upon completion. The 190,000-square-foot, 13-story mixed-use office and retail property on 50 Washington...
GE To Move U.S. Jobs Overseas In Fight Over Export Credits
September 16, 2015 | Reprints | Unlock LinkFlexing its muscles amid a bitter congressional fight over the U.S. Export-Import Bank, General Electric Co. on Tuesday revealed plans to shift up to 500 U.S. manufacturing jobs to Europe and China because it can no longer access EXIM financing. The largest U.S....
Target Suit Wins Class-Action Status
September 16, 2015 | Reprints | Unlock LinkA U.S. district judge in Minnesota has granted class-action status to five financial institutions suing Target Corp. over the 2013 data breach in which hackers gained access to millions of customers’ financial information. Five financial institutions, including...
Study: Green Building Boosts Construction Sector Toward Substantial Growth
September 16, 2015 | Reprints | Unlock LinkGreen building is on the rise, outpacing overall construction in the U.S. and is expected to add more than 2.3 million jobs this year, according to a recent U.S. Green Building Council (USGBC) study from Booz Allen Hamilton. The green building industry contributed...
Feds Grant $700K To Explore Hartford Line Potential
September 16, 2015 | Reprints | Unlock LinkConnecticut has received a $700,000 grant from the Federal Transit Administration to conduct a study of transit-oriented development (TOD) opportunities in the New Haven-Hartford-Springfield rail corridor, also known as the Hartford Line. The federal funding will be...
Hartford’s CityPlace 1 Sold For $113.3M
September 15, 2015 | Reprints | Unlock LinkChicago-based Equity Commonwealth has sold the 38-story CityPlace 1 office tower in downtown Hartford for $113.3 million. The buyer was Boston-based Paradigm Properties, the Hartford Courant reported. Christopher Ostop of JLL’s Hartford office was the listing broker....
Coffee Company Picks Up 51K SF Property In Windsor
September 14, 2015 | Reprints | Unlock LinkOne Cup Realty LLC, operating as Baronet Coffee, has purchased 701 Marshall Phelps Road in Windsor. The coffee roasting and import company acquired the 51,768-square-foot property for $1.8 million. It intends to move in early next year. Sentry Commercial and NGKF/Hart...
Springfield Rail Line A ‘Top Priority’ For U.S. Transportation Secretary, Malloy’s Office Says
September 14, 2015 | Reprints | Unlock LinkGov. Dannel P. Malloy last week travelled to Washington D.C. to advocate to discuss the future of the New Haven-Hartford-Springfield rail line, known as the Hartford Line. Malloy met with United States Transportation Secretary Anthony Foxx and the members of...
East Haddam Receives $15M Loan To Repurpose Old School
September 14, 2015 | Reprints | Unlock LinkThe U.S. Department of Agriculture Rural Development Program recently granted the town of East Haddam a $15 million loan to convert a former middle school building into a municipal and public safety complex. The project follows in the wake of a change in state law...
Infiltrator Water Systems Leases 8K SF In Old Saybrook
September 11, 2015 | Reprints | Unlock LinkInfiltrator Water Systems LLC recently signed a lease on 7,964 square feet of industrial space in Old Saybrook. The company, headquartered in the Old Saybrook Business Park, manufactures specialized components for septic systems and for storm water applications and...
State Leaders Celebrate CTfastrak’s Millionth Ride
September 10, 2015 | Reprints | Unlock LinkGov. Dannel P. Malloy and Department of Transportation Commissioner James P. Redeker to announced yesterday that the bus rapid transit system has reached its millionth passenger trip since its launch in spring. The announcement came during a ceremony at the Flatbush...
Laundry Machine Manufacturer Expands In East Berlin
September 10, 2015 | Reprints | Unlock LinkThe EDRO Corporation has broken ground for an expansion at 37 Commerce Street, East Berlin. The commercial and industrial laundry design and manufacturing company will add 12,000 square feet to the existing 25,000-square-foot industrial facility. ENDRO creates washing...
Conn. To Add 1,500 Apprentices In Top Fields Through $5M Federal Grant
September 10, 2015 | Reprints | Unlock LinkConnecticut has been awarded a $5 million federal grant to expand apprenticeship programs in high-growth industries, with a focus on training for the manufacturing, healthcare and business services sectors. Administered by the Connecticut Department of Labor, the...
Reconnecting Hartford And Its Waterfront
By Steve Adams | Commercial Record Staff | September 10, 2015 | Reprints | Unlock LinkMichael Zaleski President & CEO, Riverfront Recapture Inc. Age: 43 Experience: 18 years Michael Zaleski took over June 15 as CEO of Riverfront Recapture, a nonprofit organization that gives people more reasons to visit the Connecticut River. The group...
CT DOT Puts $3.1M Toward Hartford’s Union Station Upgrades
September 8, 2015 | Reprints | Unlock LinkThe Connecticut Department of Transportation recently awarded a $3.1 million contract to O&G Industries to upgrade Hartford’s Union Station. The project involves constructing a 260-foot-long, high-level passenger platform and egress stair tower finished with new...
