Commercial & Industrial
Lamont Unveils Plan to Cut Train Travel Time to NYC
By The Associated Press | June 22, 2021 | Reprints | Unlock LinkAn $8 billion to $10 billion plan unveiled Monday aims to reduce commuter rail times from Connecticut to New York City by as much as 25 minutes.
Developer to Add Self-Storage to Meriden Shopping Plaza
By Steve Adams | Commercial Record Staff | June 22, 2021 | Reprints | Unlock LinkThe new owner of a 158,000-square-foot shopping center in Meriden has announced plans for a $5.2 million renovation project including two large self-storage facilities replacing vacant supermarket and discount store spaces.
Greenwich Investor Wheelock Expands Industrial Portfolio in $40.4M Transaction
By Steve Adams | Commercial Record Staff | June 21, 2021 | Reprints | Unlock LinkGreenwich-based Wheelock Street Capital continues its suburban industrial buying spree with the $40.4 million acquisition of two suburban Boston properties.
Casinos Sue Insurer Over COVID-19 Losses
By The Associated Press | June 21, 2021 | Reprints | Unlock LinkThe Native American tribe that owns Connecticut’s Mohegan Sun casino is suing its insurance carrier over what it says was the denial of claims for millions of dollars in losses caused by the COVID-19 pandemic.
New Haven Office-to-Apartments Conversion OK’d
By James Sanna | June 18, 2021 | Reprints | Unlock LinkA historic class B office building overlooking New Haven Green will become apartments following approval from city planning officials last night.
COVID Rental Aid Apps Top 156K
June 18, 2021 | Reprints | Unlock LinkConnecticut officials have now received over 156,000 applications for relief from the UniteCT fund for renters who lost jobs or income due to the COVID-19 pandemic.
Brewery Seeks 65K SF Riverfront Expansion
By James Sanna | June 18, 2021 | Reprints | Unlock LinkA large brewery based in Woodbridge hopes to find its “forever home” at a riverside parcel in New Haven’s Fair Haven neighborhood.
Old Saybrook Industrial Property Sells
June 18, 2021 | Reprints | Unlock LinkA multitenant industrial property in Old Saybrook has sold to an investor group for $641,000.
South Windsor Officials OK Two Retail Revamps
By James Sanna | June 16, 2021 | Reprints | Unlock LinkSouth Windsor planning officials recently approved a pair of efforts to revamp retail plazas – one by adding apartments, the other by adding a grocery store.
Airbnb Pledges to Ban Listings at Eviction Properties
June 16, 2021 | Reprints | Unlock LinkVacation rentals site Airbnb announced that it won’t allow hosts to list units for rent where municipal officials say an eviction has occurred once the federal eviction moratorium ends in two weeks.
West Haven Industrial Building Sells
June 15, 2021 | Reprints | Unlock LinkA West Haven flex-industrial building has been sold to an owner-operator.
Advocates See Special Session as Second Chance for Climate, Cannabis
By The Associated Press | June 15, 2021 | Reprints | Unlock LinkAdvocates for different causes are hoping to get a second chance at passing a bill or securing funding in the new state budget as the Connecticut General Assembly prepares to return to the Capitol for a short special session this week.
New Haven Breaks Ground on Downtown Lab Building, Street Redesign
June 15, 2021 | Reprints | Unlock LinkNew Haven and state officials joined leaders of Winstanley Enterprises last week to break ground on a pair of major, intertwined projects in the city’s downtown.
350-Apartment Stamford Complex Sells
By James Sanna | June 14, 2021 | Reprints | Unlock LinkA large Stamford apartment complex has sold to a New Jersey partnership.
New Jersey Developer Buys Bloomfield Distribution Portfolio
By Steve Adams | Commercial Record Staff | June 14, 2021 | Reprints | Unlock LinkA New Jersey real estate developer expanded its Connecticut portfolio with the acquisition of 18 industrial properties in the Interstate 91 and Bradley International Airport distribution corridor.
Hartford Ex-Hotel Sold for $22M, More Apartments Planned
June 11, 2021 | Reprints | Unlock LinkAnother hotel-to-apartments conversion is in the works in Connecticut, this time for Hartford’s former Red Lion Hotel.
Lawmakers to Return to Hartford for Cannabis, Transportation Funding
By The Associated Press | June 11, 2021 | Reprints | Unlock LinkConnecticut lawmakers may have closed out the regular legislative session on Wednesday night, but they’re expected to return to the state Capitol soon to vote on legalizing recreational marijuana for adults, some remaining budget bills and possibly some other bills that didn’t survive in the first round.
Westport CRE Brokerage Adds New Associate
June 11, 2021 | Reprints | Unlock LinkSaugatuck Commercial Real Estate announced a new face has joined its team: Nate Greenberg.
Winchester Center Set to Add Beds to Meds
By Steve Adams | Commercial Record Staff | June 10, 2021 | Reprints | Unlock LinkA development team that’s establishing a life science cluster in part of New Haven’s former Winchester Arms factory is ready to add up to 950 apartments to the mixed-use project in the next few years.
Hartford Home Construction Among Slowest in Nation
June 9, 2021 | Reprints | Unlock LinkGreater Hartford grew its housing stock at one of the slowest rates anywhere in the country over the last 10 years, according to new Census Bureau data analyzed by apartment rentals site ApartmentList.com.
