Hartford Business Journal

HBJ110226UF

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HARTFORDBUSINESS.COM | NOVEMBER 2, 2026 5 © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing ™ is a division of BlueScope Buildings North America, Inc. www.borghesibuilding.com | 860.482.7613 2155 East Main Street, Torrington, CT 06790 CONGRATULATIONS TO COUNTERWEIGHT BREWING CO. FOR TAKING HOME TWO GOLDS AND A BRONZE AT THE GREAT AMERICAN BEER FESTIVAL. Providing you with the best solutions for your facility, the Borghesi specialty has been creating "Building Ideas That Work" since 1942. CCSU Foundation pays $3.6M for former Raytheon data center T he nonprofit foundation that supports Central Connecticut State University has purchased a former Raytheon data center in Newington for $3.6 million to support the university's campus expansion. The CCSU Foundation acquired the 61,428-square-foot building at 25 Holly Drive on Oct. 5. The 2.5-acre property is a short walk from CCSU's campus in neighboring New Britain. CCSU officials are exploring uses for the building but have not confirmed whether it will house the proposed Central Applied Learning and Industry Corridor, which would support workforce training in fields including artificial intelligence, cybersecurity and advanced manufacturing. The seller, Hartford-based real estate investor Staypoint, paid $1.4 million for the property and neighboring 50 Holly Drive in 2024. Staypoint retains the neighboring parcel. SHELTON & NORWALK Stationery and lighter maker Bic plans to relo- cate its North American headquarters and about 220 jobs from Shelton to Norwalk. The company has leased 32,000 square feet at 501 Merritt 7 in Norwalk and plans to move there in the second quarter of 2027. The company said it is still considering options for its current 155,000-square-foot Shelton head- quarters at 1 Bic Way. The relocation won't affect Bic's lighter manufacturing plant in Milford. HARTFORD Hartford officials are considering a 15-year tax-fixing agreement for a 64-unit affordable apart- ment building at 338 New Park Ave., with construc- tion costs estimated at $28 million to $29 million. Developer SP Edge LLC, a partnership between Southport Financial Services and Emerald Develop- ment, plans to erect the building on former parking lots beside the shuttered Apple Cinemas. The agreement would include two optional five- year extensions. Apartments would serve house- holds earning 30% to 80% of area median income. The building is part of Edge 400, a planned three- building development that will feature a total of 189 affordable apartments. NEWINGTON Massachusetts-based Lisciotti Development plans to replace the former Boston Market at 2495 Berlin Turnpike in Newington with an auto parts and service center. The developer has a contract to buy the 1.4-acre property from Venice Take 5 CT LLC, which purchased it for $1.9 million in November 2021. Plans call for a 7,365-square-foot building with three service bays, a sales area and a storage mezzanine. The business that would occupy the site was not identified in a project application. The proposal is preliminary and requires town approval. Boston Market closed at the site in November 2023. SOUTHINGTON The former Crystal Bees entertainment complex in Southington has sold for $2.7 million to a buyer seeking an operator to reopen the venue. A company headed by Briana Senese, a prin- cipal of Farmington-based Calco Construction & Development, bought the property at 240 Spring St. from a trust. The 32,584-square-foot building includes a 16-lane bowling alley, three bars, a restaurant and an arcade. Crystal Bees closed in November 2024 after eight years in business. The new owner could convert the building back to industrial space if an entertainment operator cannot be found, according to broker Chris Duclos. STONINGTON The Mystic River Marina has changed hands after four generations of family ownership. South Carolina-based BlueWater Marinas and Boston-based investment firm Bain Capital acquired the 145-slip marina on Masons Island in Stonington. Town records show the marina property at 36 Quarry Road and two neighboring parcels sold for $5 million. It is unclear whether the buyers paid an additional amount for the business or other assets. The property's seller, Mystic River Marina Inc., is headed by Robert Garbarino, whose family founded the business in 1957. DE AL WATCH | BUYERS & SELLERS The former Raytheon data center at 25 Holly Drive in Newington. Photo | CoStar

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