State purchases Hartford office buildings

(3/15/13) The State of Connecticut has purchased two office buildings in downtown Hartford to consolidate the operations of up to 3,300 employees in 20 locations. The 550,000 SF Connecticut River Plaza office complex (pictured above) at 450 Columbus Boulevard was purchased for $34.5M with an additional $48M allocated for renovations, furnishings and moving expenses. The 285,000 SF office tower at 55 Farmington Avenue was purchased for $18M with an additional $19.5M planned for expenses.  The relocations are expected to take place over the next two years and save the state $200M over the next ten years.

See attached Hartford Business.com article for more information.