Commercial & Industrial
A 9,000-square-foot medical complex in Essex has been sold.
An Avon apartment complex with 164 units has been bought by a New York-based real estate company and a crowdsourcing-based private equity firm.
Dollar Tree Inc. is closing up to 390 Family Dollar stores this year and rebranding about 200 others under the Dollar Tree name, potentially including Connecticut’s 56 Family Dollar locations.
A pair of Vernon medical offices have been sold to a Maryland company that specializes in the acquisition and operation of medical buildings.
A prominent, long-suffering downtown Bridgeport development that has the potential to revamp a large portion of the city’s downtown has been hit with a stop-work order from the state Department of Labor.
A two-building Norwalk property along a busy commercial corridor is being marketed as a potential redevelopment opportunity.
A mixed-use building at 100 North Branford Road in Branford has been sold for $290,000 and will continue to be used for offices and rental housing.
A commercial property in West Haven has sold for $465,000.
A Connecticut hospital is seeking state approval for a $26 million expansion project.
Many of Sears’s stores may have been saved from immediate closure, but the company’s Manchester location may not be one of them.
Popular craft brewery Two Roads is expanding with a second brewery next door to its flagship location and taproom in Stratford.
A commercial property in Ansonia has sold for $500,000.
A Stamford software firm is leaving the city for a brand-new office in Fairfield.
KGI Properties and The Simon Konover Co. have broken ground on a commercial development in East Lyme’s Gateway Commons project.
East Hartford is moving forward on a plan to revitalize a blighted former Showcase Cinema location along Interstate 84.
A sign of Connecticut’s strengthening state economy, the Connecticut Airport Authority announced that Hartford’s Bradley International Airport saw passenger traffic grow by 3.6 percent in 2018.
The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as the government shutdown and other factors took a toll on growth. Economists believe growth has slowed even more in the current quarter.
After learning the nuts-and-bolts of property and construction management at Southport-based Summit Development, Kathleen Fazio made the move to the brokerage side of commercial real estate when she joined Cushman & Wakefield’s Stamford office in 2011.
The growth in the third quarter, while not spectacular, leaves Connecticut on pace with the nation – which came in at a 3.4 percent growth rate – and in the top half of states, at No. 21 for the quarter.
A daylong discussion of proposed gaming legislation rekindled a regional rift Tuesday, at times pitting southeastern Connecticut lawmakers against their counterparts from the Bridgeport area.