Tuesday, September 14, 2010 11:47:05 AM
First Hartford Corporation is engaged in the purchase, development, ownership, management and sale of real estate. The real estate, owned and/or managed by the Company through various subsidiaries and joint ventures, is located in Connecticut, New Jersey, Texas, Massachusetts and Rhode Island. The real estate business of the Company is diversified in terms of geographical locations, type of commercial property and form of ownership or management. The Company is primarily involved in the development of real estate for its own use. As of April 30, 2010, the Company had two unconsolidated operating partnerships accounted for under the Equity Method. The Company has a 50% interest in Cranston Parkade, LLC which in turn has an interest in Cranston/BVT Associates LP, which owns a shopping center in Cranston, RI. The Company also has a 50% interest in Dover Parkade, LLC, which owns a shopping center in Dover Township, NJ.
Source: www.scottrade.com
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