Investors Purchase Historic Danbury Warehouse
A group of New York City investors has purchased the 118,000-square-foot warehouse at 60 Backus Avenue in Danbury for $9.7 million. The building, which houses tenants like Waterworks, was sold on November 20. Originally built by Robert Kaufman, a key figure in Danbury’s commercial real estate growth, the property will remain leased to its current […]
Read MoreNew Owners Take Over Well Known Brookfield Business
After 34 years of serving Brookfield, Brookfield Cleaners & Tailors now has new owners. The former owners, who built the business from the ground up, are retiring to enjoy more time with family. They are best known for their personalized services, and their retirement marks the end of an era for many regular customers of […]
Read MoreProspector Theater In Ridgefield Gets National Recognition
The Prospector Theater in Ridgefield received a surprise $25,000 gift from Kroger on NBC’s “Kelly Clarkson Show.” Founder Valerie Jensen shared the theater’s mission to employ people with disabilities, while Clarkson praised their gourmet popcorn. The funds will support the nonprofit’s programs and popcorn brand expansion efforts.
Read MoreXerox To Acquire Lexmark
In Connecticut business news… Xerox, which is headquartered in Norwalk, has announced plans to acquire Lexmark International for $1.5 billion, returning the Kentucky-based printer maker to U.S. ownership. Connecticut’s Xerox Corporation has faced revenue declines and workforce cuts, but saw its stock rise 13% after the announcement. The acquisition is set to close in late […]
Read More