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Wesleyan to spend up to a year determining use for $3.1M office building purchase

Wesleyan University doesn’t yet have a specific plan for a roughly 44,000-square-foot office building at the corner of its Middletown campus it recently purchased for $3.1 million. Wesleyan spokesman Steve Scarpa said the university will spend the next six to 12 months determining the best use for the building, which was purchased on Feb. 18 to provide options.

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Wesleyan University pays $3.1M for former Liberty Bank headquarters

Wesleyan University recently paid $3.1 million for Liberty Bank’s former corporate offices in Middletown. Wesleyan purchased the nearly 44,000-square-foot office building at 55 High St., near a corner of the campus, in a deal recorded by the city on Feb. 18. The 60-year-old building sits on a 2.6-acre property.

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Wesleyan University pays $3.1M for former Liberty Bank corporate offices

Wesleyan University recently paid $3.1 million for Liberty Bank’s former corporate offices in Middletown. Wesleyan purchased the nearly 44,000-square-foot office building at 55 High St., near a corner of the campus, in a deal recorded by the city on Feb. 18. The 60-year-old building sits on a 2.6-acre property.

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Here's how municipalities are preparing for the recreational marijuana industry.

At least 30% of Connecticut municipalities have banned or instituted a moratorium on recreational marijuana businesses, according to data tracked by the Department of Consumer Protection, posing serious challenges for the industry as it looks to get off the ground in the months ahead.

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Marijuana industry jump-starts commercial real estate activity in CT

Marijuana industry jump-starts commercial real estate activity in CT
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