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Hartford Insuretech Bought by Investment Firm

Hartford Insuretech Bought by Investment Firm

by The Commercial Record | Jun 24, 2019 | CR Daily, Industry News, Insurance

Insurity Inc., one of the leading software platforms for the property and casualty insurance industry, announced it is being acquired for an undisclosed sum by private investment firm GI Partners, a middle-market alternative asset manager.

Report: New Yorkers Hunt for Apartments in Connecticut

Report: New Yorkers Hunt for Apartments in Connecticut

by The Commercial Record | Jun 18, 2019 | CR Daily, Industry News, Residential Real Estate

New Yorkers are very interested in moving to Connecticut, In fact, more than one in 10 New York City-area residents are hunting for apartments in the state’s three major metro areas, according to new data from Apartment List.

Lamont: Hartford Line Train Has Created 1.4K Residential Units So Far

Lamont: Hartford Line Train Has Created 1.4K Residential Units So Far

by The Commercial Record | Jun 18, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

During its first 12 months of service, CTRail’s Hartford Line also drew an estimated 634,000 passengers, 51,000 more than originally projected, according to a report released Monday by CTDOT. 

Report: Hartford OKs Downtown Development Plan

Report: Hartford OKs Downtown Development Plan

by The Commercial Record | Jun 12, 2019 | Commercial & Industrial, CR Daily, Industry News

Hoping to make sure the city’s stalled Downtown North redevelopment is shovel-ready, the Hartford City Council voted to OK a plan for Stamford-based RMS Cos. to redevelop several blocks around Dunkin Donuts Stadium.

JPMorgan Chase Plans to Open First Branch in Hartford

JPMorgan Chase Plans to Open First Branch in Hartford

by The Commercial Record | Jun 12, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News

JPMorgan Chase plans to open its first retail branch in Hartford come September.

Hartford’s ‘Gold Building’ Sells for $70.5M

Hartford’s ‘Gold Building’ Sells for $70.5M

by The Commercial Record | Jun 11, 2019 | Commercial & Industrial, CR Daily, Industry News, Uncategorized

Hartford’s One Financial Plaza, also known as “The Gold Building,” has sold to a joint venture including an investment arm of downtown-based LAZ Parking for $70.5 million.

Third Hartford Design Firm Moving to Colt Complex

Third Hartford Design Firm Moving to Colt Complex

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

Hartford’s Tecton Architects will be moving to the city’s Colt Gateway mixed-use complex, joining two other design firms.

Third Hartford Design Firm Moving to Colt Complex

Hartford Looking to Help Hilton Renovations With New Lease Terms

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

With the city’s downtown Hilton hotel in need of renovations, Hartford Mayor Luke Bronin is asking the city council for authorization to renegotiate the terms of the hotel’s ground lease.

Lamont Signs $15 Minimum Wage Bill

Lamont Signs $15 Minimum Wage Bill

by The Associated Press | May 29, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Gov. Ned Lamont has signed a bill that will raise Connecticut’s minimum wage to $15 an hour by 2023.

Transforming Main Street from Eyesore to Economic Engine

Transforming Main Street from Eyesore to Economic Engine

by Steve Adams | May 23, 2019 | Commercial & Industrial, In Person, Industry News

As CEO of the Connecticut Main Street Center, Patrick McMahon works with its 80-member communities on strategies to help landlords fill vacant spaces and build housing and mixed-use developments in walkable and transit-oriented neighborhoods.

Study: April Rent Prices in CT All Over the Spectrum

Study: April Rent Prices in CT All Over the Spectrum

by The Commercial Record | May 21, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News, Residential Real Estate

April rent prices in Connecticut were all over the spectrum, depending on the city, with rates below and above national averages.

Owner of Apartment Complex Facing Housing Violations

Owner of Apartment Complex Facing Housing Violations

by The Associated Press | May 20, 2019 | Commercial & Industrial, CR Daily, Industry News

The owner of an apartment complex in Hartford is due in housing court to face a range of building code violations.

‘Congestion-Buster’ Revamp Planned for Hartford I-91/Route 15 Interchange

‘Congestion-Buster’ Revamp Planned for Hartford I-91/Route 15 Interchange

by The Commercial Record | May 13, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

One of the worst points of congestion in Connecticut is headed for a reconstruction under a plan announced by Gov. Ned Lamont last week.

Hartford Unveils New Small Business Grant Program

Hartford Unveils New Small Business Grant Program

by The Commercial Record | May 13, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News

The city of Hartford is rolling out a new $150,000 grant program for small business owners in the city. 

Report: Firm Eyeing Empty Hartford Industrial Parcel After Distributor Inks Separate Deal

Report: Firm Eyeing Empty Hartford Industrial Parcel After Distributor Inks Separate Deal

by The Commercial Record | May 8, 2019 | Commercial & Industrial, CR Daily, Industry News

One of Hartford’s only undeveloped industrial parcels may not stay empty for long after a large produce distributor with operations nearby elected to build a new facility in East Windsor instead of expanding there.

Downtown Hartford’s Stark Building to Get Grocery Store

Downtown Hartford’s Stark Building to Get Grocery Store

by James Sanna | May 7, 2019 | Commercial & Industrial, CR Daily, Industry News

The owners of a prominent downtown Hartford landmark say they are leasing out a vacant ground-floor retail space to a 6,650-square-foot grocery store.

Hartford Pro Soccer Team Makes Long-Awaited Home Debut

Hartford Pro Soccer Team Makes Long-Awaited Home Debut

by The Associated Press | May 7, 2019 | Commercial & Industrial, CR Daily, Industry News

Hartford Athletic chief executive Bruce Mandell had dreamed that the team’s inaugural home game would come at its newly renovated Dillon Stadium in the city’s south end following a successful opening road trip. Mandell said the team hopes to play its first game in Dillon Stadium on July 13.

Produce Company Ditching Hartford for East Winsor Expansion

Produce Company Ditching Hartford for East Winsor Expansion

by The Commercial Record | May 6, 2019 | Commercial & Industrial, CR Daily, Industry News

Sardili Produce & Dairy Co. Inc. has decided to forego expanding in Hartford’s South Meadows industrial section and instead build a  202,400-square-foot distribution facility in East Windsor.

Hartford Sells 11 Blighted Properties at Auction

Hartford Sells 11 Blighted Properties at Auction

by The Commercial Record | May 6, 2019 | Commercial & Industrial, CR Daily, Industry News

Buyers paid more than $770,000 to the city of Hartford for 11 blighted properties at a recent auction, the first such sale of tax delinquent properties held since 2015.

Third Hartford Design Firm Moving to Colt Complex

Hartford DoNo Grocery Store Project Opposed by Next-Door School

by The Commercial Record | May 2, 2019 | Commercial & Industrial, CR Daily, Industry News

A proposal to build a grocery store as part of development around the Dunkin Donuts Park baseball stadium north of the city’s downtown is running into opposition from a city magnet school, a city councilor and neighbors.

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