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How activity surge is remaking region's map for industrial development

How activity surge is remaking region's map for industrial development
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Tim Lescalleet

Tim Lescalleet
hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.

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2021 Power 25 Real Estate: Tim Lescalleet

2021 Power 25 Real Estate: Tim Lescalleet
hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.

Thomasm-tim-lescalleet , Tim-lescalleet , Walgreens , Fedex , Bradley-international-airport , Indus-realty , Greater-hartford , Bradley-international , Indus-realty-trust , Griffin-land , New-england-tradeport , Day-hill-road

Simsbury Voters To Decide Fate Of Historic MLK Site


Joe Amon
/ Connecticut Public
A multimillion dollar land deal goes before voters in Simsbury on May 4 that asks residents to authorize more than $2.5 million in taxpayer money for the purchase of nearly 300 acres of land, including a spot where Martin Luther King Jr. once worked. 
If voters approve the deal, some of the land called “Meadowood” would be kept as working farmland and used for recreation. The deal also would have historical goals: preserving some old barns and housing an exhibit about Martin Luther King Jr., who worked on those old tobacco fields as a teenager for two summers in the 1940s. 

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INDUS Announces Fiscal 2020 Fourth Quarter and Fiscal 2020 Results


NEW YORK, Feb. 18, 2021 (GLOBE NEWSWIRE) --
INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) today reported financial results for the three months ended November 30, 2020 (the “2020 fourth quarter”) and the twelve months ended November 30, 2020 (“fiscal 2020”).
2020 Fourth Quarter & Recent Highlights
Net Loss of ($11.1) million and ($12.7) million for the 2020 fourth quarter and fiscal 2020, respectively, an increase of 328% in net loss compared to the three months ended November 30, 2019 (the “2019 fourth quarter”) and a decrease of 447% from net income during the twelve months ended November 30, 2019 (“fiscal 2019”)
Net Operating Income (“NOI”)* of $7.1 million and $26.9 million for the 2020 fourth quarter and fiscal 2020, respectively (respective increases of 12.6% and 11.1% over the 2019 fourth quarter and fiscal 2019)

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