Stratford army plant going back on the market
A year after a $9.6 million deal collapsed that would have transformed the former Stratford Army Engine Plant into a “Hollywood East” film studio, the federal government reportedly is putting the brownfield property back onto the market.
The federal General Services Administration is planning an auction for Jan. 27, according to the Connecticut Post. The property sits on nearly 80 acres of land along the Housatonic River.
A.J. Wright to close
TJX Cos. Inc. is eliminating its A.J. Wright discount apparel store brand.
The store at Shoppers Fair Plaza, 156 Boston Ave., Bridgeport, is one of four Connecticut locations slated to close by February. The other stores are in Hamden, West Haven and Wethersfield.
Framingham, Mass.-based TJX indicated the A.J. Wright brand is not sufficiently profitable. TJX plans to close 71 A.J. Wright stores at a cost of about 4,400 jobs and convert 91 others to brands including T.J. Maxx, Marshall”™s and Home Goods.
Children”™s clothier plans to expand
The Children”™s Place tapped RHYS Commercial as its real estate broker as the apparel retailer looks to expand in Connecticut.
The company already has 14 Connecticut locations, and is seeking sites with not more than 4,500 square feet of space.
Danbury Holiday Inn under receivership
Marshall Hotels & Resorts Inc. was appointed receiver of the Holiday Inn Danbury.
The Holiday Inn Danbury has 114 guest rooms, a pool, and sufficient conference and banquet space to accommodate 200 people. Salisbury, Md.-based Marshall Hotels indicated it would renovate parts of the hotel and revamp its menus and marketing.
Stamford retail building sells
JAF Partners LLC reportedly sold a retail building at 1920 West Main St. in Stamford to Premier Entertainment Services LLC.
Premier paid $2.5 million for the 38,000-square-foot building, according to CoStar. The building is nearly fully leased, and Premier plans to occupy remaining vacant space itself.
