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Hartford Line Train Passes 1M Riders

Hartford Line Train Passes 1M Riders

by The Commercial Record | Jan 16, 2020 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

The state’s 18-month-old commuter rail line has already broke the 1 million-rider mark, Gov. Ned Lamont said.

Revenue Expected to Grow in Hartford Hotels Sector

Revenue Expected to Grow in Hartford Hotels Sector

by The Commercial Record | Dec 17, 2019 | Commercial & Industrial, CR Daily, Industry News

The Hartford hospitality sector won’t break any records next year, but it will stay healthy and revenues will grow.

Study Finds Hartford Commutes Cost 16 Percent Less than Boston

Study Finds Hartford Commutes Cost 16 Percent Less than Boston

by James Sanna | Dec 5, 2019 | CR Daily, Industry News, Residential Real Estate

Home sellers in Greater Hartford have an important edge over those in the Boston area: their commutes cost substantially less.

A Suburban Spin on the Coworking Sector

A Suburban Spin on the Coworking Sector

by Steve Adams | Nov 28, 2019 | Commercial & Industrial, Industry News

National coworking space providers including the troubled WeWork have bypassed the Hartford area in favor of larger metros, leaving an opportunity for local operators to fill the void.

Rocky Hill Retail Plaza Sells for $4.1M

Rocky Hill Retail Plaza Sells for $4.1M

by The Commercial Record | Nov 7, 2019 | Commercial & Industrial, CR Daily, Industry News

A Rocky Hill retail plaza has sold for $4.1 million.

New York Bank Hires Ex-People’s United Exec to Head CT Expansion

New York Bank Hires Ex-People’s United Exec to Head CT Expansion

by Diane McLaughlin | Nov 5, 2019 | Banking & Lending, CR Daily, Executive Briefing

Norwich, New York-based NBT Bank plans expand into Connecticut by establishing a regional office in the Greater Hartford area.

NAR Study Quantifies ‘Transit Boost’ to Hartford Real Estate Prices

NAR Study Quantifies ‘Transit Boost’ to Hartford Real Estate Prices

by James Sanna | Oct 16, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

A new study from the National Association of Realtors and the American Public Transportation Association (APTA) has quantified just how much the CTfastrak bus rapid transit system has contributed to increasing home and commercial sales prices near its stops.

Goodwin College Breaks Ground on New Gateway Building

Goodwin College Breaks Ground on New Gateway Building

by The Commercial Record | Oct 16, 2019 | Commercial & Industrial, CR Daily, Industry News

One of East Hartford’s major intersections is getting a facelift, thanks to a new building now under construction by Goodwin College.

Manchester OKs Expansion of JC Penny’s Distribution Center

Manchester OKs Expansion of JC Penny’s Distribution Center

by James Sanna | Oct 10, 2019 | Commercial & Industrial, CR Daily, Industry News

The Manchester Planning and Zoning Commission unanimously approved a plan to add loading docks and other expansions on a 1.9 million-square-foot distribution center whose primary tenant is the retailer JC Penny to allow the building to be subdivided.

Extended-Stay Hotel Proposed in Windsor

Extended-Stay Hotel Proposed in Windsor

by James Sanna | Oct 10, 2019 | Commercial & Industrial, CR Daily, Industry News

A Windsor developer is proposing a hotel in an industrial area of the Hartford suburb.

Berlin OK’s Mixed-Use TOD Project

Berlin OK’s Mixed-Use TOD Project

by The Commercial Record | Sep 26, 2019 | Commercial & Industrial, CR Daily, Industry News

A 4.02-acre site near Berlin’s Hartford Line train station will soon become a new mixed-use project following the city planning and zoning commission’s unanimous backing on Sept. 19.

Coworking Operation Expands in West Hartford

Coworking Operation Expands in West Hartford

by The Commercial Record | Sep 24, 2019 | Commercial & Industrial, CR Daily, Industry News

A new coworking operation has opened near West Hartford’s two CTfastrak stations.

126-Room Hotel Pitched for Rocky Hill

126-Room Hotel Pitched for Rocky Hill

by The Commercial Record | Sep 23, 2019 | Commercial & Industrial, CR Daily, Industry News

A long-time landowner in Rocky Hill has proposed a 126-room hotel for his property at the intersection of Interstate 91 and the Silas Deane Highway.

Tapping into Connecticut’s Fintech and Industrial Markets

Tapping into Connecticut’s Fintech and Industrial Markets

by Steve Adams | Sep 19, 2019 | Commercial & Industrial, In Person, Industry News

Thomas Collins is the new head of the New England region for Avison Young, a Toronto-based commercial real estate brokerage that opened its first Hartford office in 2015. He took the traditionally slow month of August to to assess the firm’s local brokerage strengths as he looks to build it up.

Hartford Apartment Deliveries Up 50 Percent This Year

Hartford Apartment Deliveries Up 50 Percent This Year

by The Commercial Record | Aug 26, 2019 | Commercial & Industrial, CR Daily, Industry News

The number of apartment units on track to be delivered this year in the Hartford area is up 52 percent from last year, according to data from the apartment search website RentCafe.

421K SF South Windsor Distribution Center Proposed

421K SF South Windsor Distribution Center Proposed

by The Commercial Record | Aug 20, 2019 | Commercial & Industrial, CR Daily, Industry News

A large distribution center proposed for South Windsor goes before town leaders for approval tonight.

111K SF South Windsor Assisted Living Facility Set to Break Ground

111K SF South Windsor Assisted Living Facility Set to Break Ground

by The Commercial Record | Aug 14, 2019 | Commercial & Industrial, CR Daily, Industry News

A new, large senior living facility near Hartford is set to begin construction.

Report: Manchester Chooses Firm to Redevelop Parkade

Report: Manchester Chooses Firm to Redevelop Parkade

by The Commercial Record | Jul 10, 2019 | Commercial & Industrial, CR Daily, Industry News

Efforts to replace a blighted Manchester shopping plaza took a step forward Tuesday when town officials voted to chose a developer for the site.

131-Room Hotel Pitched for Last Somerset Square Pad

131-Room Hotel Pitched for Last Somerset Square Pad

by The Commercial Record | Jun 20, 2019 | Commercial & Industrial, CR Daily, Industry News

A developer is pitching a 131-room hotel for the last undeveloped parcel in Glastonbury’s Somerset Square project.

Lamont Says United Technologies Will Hire In-State

Lamont Says United Technologies Will Hire In-State

by The Associated Press | Jun 12, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Connecticut Gov. Ned Lamont says he’s been assured United Technologies Corporation plans to hire 1,000 additional workers at Pratt & Whitney over the next few years.

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