Pratt & Whitney reaches agreement to sell 300-acre former airfield near Rentschler Field

East Hartford jet engine maker Pratt & Whitney announced Monday that it has reached an agreement to sell its 300-acre former airfield to a Massachusetts-based development and investment firm, which plans to use the site for unspecified commercial development. Commercial real estate services and investment firm CBRE, which was involved in facilitating the deal, said the property includes more than 280 developable acres, making it perhaps the largest development site available between New York City and Boston. The site was marketed as a potential logistics hub, given the significant demand for new warehouse space in Greater Hartford. It’s the same site where a developer previously pursued construction of a $105 million, 70-store shopping outlet center for about five years before abandoning the project in 2018.

https://www.hartfordbusiness.com/article/pratt-whitney-reaches-agreement-to-sell-300-acre-former-airfield-near-rentschler-field

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