21-Acre Bolton Property Marketed for Development
January 26, 2021 | Reprints | Unlock Link 
A large former drive-in movie theater is being marketed to potential developers in Bolton.
Liberty Bank Provides $22M for Winchester Works
By Steve Adams | Commercial Record Staff | January 21, 2021 | Reprints | Unlock Link
A life science development that attracted its first biotech lease in November has obtained $22 million in financing from Liberty Bank.
A Rare Turnaround Story in Suburban CRE
By Steve Adams | Commercial Record Staff | January 21, 2021 | Reprints | Unlock Link
Felix Charney’s Summit Development has carved out a niche repurposing massive former corporate headquarters in suburban locations. His latest turnaround story took place at The Summit at Danbury, the 1.2 million-square-foot former Union Carbide headquarters. I
New York Developer Buys Wilton Office Property
By Steve Adams | Commercial Record Staff | January 20, 2021 | Reprints | Unlock Link
Davis Marcus Partners has sold a Wilton office building whose tenants include insurance, technology and financial services companies to New York-based Time Equities for $10.7 million.
Former Webster Bank Exec to Lead Berkshire Bank
Berkshire Bank has named Nitin Mhatre its new CEO. Mhatre was head of Webster Bank’s community bank until October.
Looney Proposes High-Value Home Tax
The state Senate’s highest-ranking Democrat hopes to tax high-end homes and commercial property in an effort to help lower tax burdens in the state’s poorest cities and suburbs.
Report: Southington Seeks to Buy Country Club Development Rights
January 26, 2021 | Reprints | Unlock Link
Town officials in Southington are seeking to make another major land purchase to prevent a large development within their community.
Yellen Wins Senate Approval as Treasury Secretary
The Senate approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary on Monday, making her the first woman to hold the job in the department’s 232-year history.
Webster Bank Aims for Big Savings with Branch Closures
By Diane McLaughlin | January 25, 2021 | Reprints | Unlock Link
Webster Bank could see $15 million in cost savings from its plans to close branches as it takes steps to reduce expenses while growing its business. The bank announced in December plans to close 27 branches in Massachusetts, Connecticut and Rhode Island, reducing its branch footprint by 17 percent. The closures include 14 of Webster’s
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