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The town added 16 new businesses last year, Hoydick said, noting that building permits and values have grown from 69 permits worth nearly $18.5 million in 2017 to 75 permits worth $28.2 million last year.
A three-parcel development site at East Main and Sidney Streets in Stratford was sold for $1.7 million to the Greenwich-based real estate investment trust Urstadt Biddle.
The action was taken after several noise complaints by a neighboring tenant at the Goodwives Shopping Center.
The portfolio also includes properties in Fairfield and Old Greenwich.
The buyer, Lennar Multifamily Communities, plans a $275 million redevelopment of the South Broadway property as a high-rise apartment and retail complex.
The Greenwich self-administered equity real estate investment trust, Urstadt Biddle Properties Inc. has acquired the 72,000 square foot Newfield Green Shopping Center on Newfield Avenue in Stamford for $45.3 million.
Greenwich-based Urstadt Biddle sells a Meriden shopping center as part of its efforts to focus on the New York metro area.
The Greenwich-based equity real estate investment trust acquires a 48,000-square-foot property in Cos Cob and 41,000 square feet of space in Old Greenwich.
Like other retailers and restaurants, the Fairfield County entities among “the best in Connecticut” face still leery consumers
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