News
As a real estate investment and development firm, we have actively expanded our portfolio across Connecticut. Below are some recent news highlights.
Enfield office complex once pegged for ‘Sports Village’ bought by Branford developer at discount
By Alexander Soule » CTInsider » A Branford investor has acquired the former MassMutual campus in Enfield for a fraction of its appraised value, with no plans yet made public for the large property, after a different developer had pursued a sports, entertainment and...
65.5-acre MassMutual office campus in Enfield sells for just under $4M
By Michael Puffer » Hartford Business » A Branford-based development group has paid $3.99 million for the 65.5-acre MassMutual office complex off Interstate 91 in Enfield. The property had been on the market since early 2018, when MassMutual announced plans to move...
After 6 years on market, MassMutual sells Enfield complex for nearly $4M
By Jim Kinney » masslive.com » MassMutual sold its former office complex right near the state line earlier this month for just shy of $4 million.In 2014, MassMutual unveiled its more than $38 million renovation of its Enfield campus, its site for retirement services...
Stress Factory comedy club to stay, new restaurant coming to downtown Bridgeport under new landlord
By Brian Lockhart » CT Post » The new owner of a key block of buildings in the heart of downtown is keeping the anchor tenant, the Stress Factory comedy venue, and the 32 existing residential apartments, but bringing in a new restaurant. "They're a great tenant, do a...
This CT city’s multifamily market has grown at a faster rate than NY, Boston metro areas
By Michael Juliano » Hartford Business » While the multifamily apartment boom has reached nearly all corners of Connecticut in recent years, there may be no hotter market than Stamford. Connecticut’s third-most populated city has added about 15,000 apartment units...
Former WWE headquarters in Stamford to be turned into apartment building
By Greg Thompson » News 12 » As first reported by CT insider, the building has been sold to Branford-based MB Financial Group, with their CEO, Michael Massimino, explaining "the building is spectacular, it overlooks the Long Island sound and the Noroton River, you...
WWE Titan Towers Reportedly Sold For Nearly $4 Million
By Zack Heydorn » si.com » Titan Towers, the old WWE corporate headquarters in Stamford, Connecticut has reportedly been sold for $3.75 million. CTInsider is reporting that the building was purchased by MB Financial Group and that the real estate firm will convert the...
WWE’s old Stamford HQ could become apartments after $3.75M sale: ‘The location is superb’
By Paul Schott » CT Insider » For more than 30 years, the six-story building at 1241 E. Main St., on Stamford’s east side, housed the headquarters of one of Connecticut’s best-known companies. Now, it is poised for a transformation under new ownership. WWE, which is...
Clinton officials welcome building boom of apartments and condos downtown and on Route 1
By Susan Braden » CT Insider » The recent boom in apartment and condo construction is happening as more people discover the town's desirability, says Town Planner Abby Piersall. “I think folks are recognizing what a great place it is,” Piersall said about the sudden...
Clinton Planning and Zoning Votes on Expanded Development Around the Former Unilever Site
By Brendan Crowley » CT Examiner » Click link below to read the entire article on the CT Examiner website... Read More»— More News —
Downtown Southington mixed-use development springs to life with $1.35M land sale
by Michael Puffer » Hartford Business » A Branford-based developer is promising to build hundreds of apartments and retail space on a 14-acre former factory site in downtown Southington following a sale of the property earlier this month. “It’s a great area,”...
Orange site next to new Amazon warehouse sold for $825,000
By Luther Turmelle » New Haven Register »A Branford-based developer has acquired a 4.17-acre vacant property on Carlson Road that once was home to Peak Electronics, a company that made computer circuit boards, before the business was dissolved in 2009. Michael...
Wooster Sq. Apartments May Be Solar Powered
by Allan Appel » New Haven Independent » The developers of the Greene Street Apartments — 23 one and two-bedroom units slated to emerge from the old St. Michael’s School and Convent buildings at 234, 240, and 250 Greene St. in Wooster Square — promised to stay true to...
My old school: Wooster Sq. sale brings pennies from Heaven
By Natalie Missakian » Hartford Business » If you’re a commercial real-estate broker, closing on a hard-won deal is always something to celebrate. But selling the former convent, grade school and nursery school owned by St. Michael’s Church in Wooster Square was...