CommonWealth REIT Buys Conn. Office Building For $99M

Law360, New York (November 2, 2011, 8:02 PM EDT) -- CommonWealth REIT has bought what records show to be Connecticut's tallest building, the 884,669-square-foot, 39-story UnitedHealthcare Center in the heart of Hartford's insurance-dominated downtown, for $99 million, according to a regulatory filing Wednesday.

The Massachusetts-based investment trust disclosed the purchase of a downtown Hartford office building in a filing with the U.S. Securities and Exchange Commission, providing square footage identical to the dimensions of the office tower, which is a full nine stories higher than the next largest in the state.

A representative for CommonWealth declined...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.