Hartford Business Journal

www.HartfordBusiness.com August 17, 2015 • Hartford Business Journal 7 WHAT'S AHEAD: ■ 8/24 Focus: Sports ■ The List: Toughest Golf Courses ■ Nonprofit Profile: Fidelco CALENDAR WEDNESDAY, SEPT. 9 Assoc. for Corporate Growth Fall Conference The Association for Corporate Growth Connecticut and Boston chapters are hosting the first-ever New England Fall Conference that will bring together over 100 M&A dealmakers from across the region. The two-day event, which starts at 3 p.m. Wednesday, Sept. 9, will take place at Mohegan Sun, 1 Mohegan Sun Blvd., Uncasville. The target audience is senior-level M&A executives. The keynote speaker is Brian Kelly, founder and managing member of Brian Kelly Capital LLC and the author of "The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World." Cost to attend is $125 for ACG members; $200 for nonmembers. For more information or to register go to: http://www.acgboston. org/events/event.aspx?F_d=09%2f09%2f2015&F_y=2015&F_ m=9&EventId=15147&. F O R A C O M P L E T E L I S T O F G R E A T E R H A R T F O R D B U S I N E S S E V E N T S , G O T O W W W . H A R T F O R D B U S I N E S S . C O M A N D C L I C K O N ' C A L E N D A R . ' A L L C A L E N D A R I T E M S M U S T B E S U B M I T T E D E L E C T R O N I C A L L Y V I A O U R W E B S I T E , H A R T F O R D B U S I N E S S . C O M . REAL ESTATE Source: Stilts, 100 Pearl landlord bags Gold New York realty investor Shelbourne Global Solutions LLC, lately a prolific acquirer of downtown Hartford office towers, is adding The Gold Building to its trophy case, a source says. Shelbourne has agreed to pay in the high $70 million for the 26-story skyscraper, known formally as One Financial Plaza, 755 Main St., at the corner of Pearl Street, according to the person knowledgeable about the transaction but who requested anonym- ity last week because the deal has yet to close. Closing will occur by sometime in October, the person said. Talcott Realty Partners has been The Gold's owner since 2000 when it paid $59 million for the building. With closing in the works, Shelbourne already is scouring one or more tenants who can fill the Gold's upper floors currently occupied by lead tenant United Technologies Corp.'s management, the person said. Ideally, Shelbourne seeks one large tenant who can fill UTC's space, and is dangling the prospect of granting "naming rights'' to the building to the lucky tenant, the person said. Meanwhile, Shelbourne already retained a major architec- tural firm, the person said, to oversee a wholesale redesign and makeover of The Gold's Main Street entryway and the adjoining pedestrian and retail corridor that links the tower to its attached 1,000-plus-space parking garage. W. Simsbury makes U.S. Realtors' "Hottest Zip Codes" list West Simsbury is the 43rd "hottest" zip code in America for residential real estate, according to a new ranking by Realtor.com. Represented by zip code 06092, the 4.4-square-mile section of Simsbury was the only Connecticut zip code to make the list of 50 ge- ographies where properties have the most viewings and sell the fastest. The top zip code for the January-to-June period was in the Greater Boston city of Melrose. Realtor.com said each of the 50 geographies on its list has a housing market where homes sell as much as nine times faster than average and where property viewings are as much as eight times more common. Connecticut foreclosures continue to fall Connecticut's inventory of foreclosed homes continued to shrink in June, according to Corelogic. The ratio of mortgaged homes in some level of foreclosure was 1.7 percent in June — the 10th highest in the country. That was down from 2.7 percent in June 2014, which was the sixth highest of any state. And it was down from 1.8 percent in May. Brian Kelly Downtown Hartford's Gold Building has a new owner. P H O T O | H B J F I L E

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