Credit-Worthy Tenants Are Office Landlords’ North Star
Lenders are playing a significant role in selecting office tenants as substantial vacancies linger in Fairfield County’s office market.
New Haven Apartments Trade for Over $6M
A New Haven apartment complex was acquired by a New York investor for $6.15 million, representing a 146-percent increase from its previous trade in 2015.
Making Housing Development ‘Palatable’ Through Preservation
Former factories, schools and office buildings across Connecticut are being revitalized as residences by Pennrose under the leadership of Karmen Cheung, its New England regional vice president.
Downtown Greenwich Property Trades for $10.7M
A 100 percent leased office-retail building in high-rent downtown Greenwich has traded for $10.7 million, or $622 per square foot.
Developer Open to ‘Change Course’ at Point Stratford
Stratford’s new mayor made it a priority to move forward redevelopment of the former Army Engine Plant property, and to add housing as a component of the new design.
New Haven Architect-Designed Luxury Tower in Demand
Close to half of the luxury condominiums are under agreement in a 38-story luxury tower designed by New Haven architects Pickard Chilton in Houston.
New Haven Hospital Project Culminates a Design Career
As Cathleen Lange retires as a principal at architects Shepley Bulfinch, she caps her career with one of Connecticut’s most notable healthcare projects of the past decade.
Office Tower Designed by New Haven Architects Breaks Ground
A 300,000 square-foot office and luxury retail building designed by New Haven architects Pickard Chilton is under construction in Dallas by developer Trammell Crow.
CBRE Relocating Offices to Stamford Plaza
Office tenants have inked 54,000 in new leases and renewals at Stamford Plaza, the 1 million-square-foot campus owned by New York-based RFR, including a relocation by brokerage CBRE.
Breaking the Logjam for Housing Development Financing
Rising interest rates and project costs threatened to bring major multifamily rental housing production virtually to a halt across Connecticut before a new program threw a lifeline to developers.
237-Unit Housing Development Seeks Approval in Farmington
A Minnesota developer is seeking a zone change clearing the way for construction of 158 townhouses and 79 single-family homes on an 80-acre site.
Veteran Builder Lends Guidance to State’s Housing Agenda
During a four-decade career in homebuilding, Greg Ugalde has built plenty of homes with his company, T&M Building Co. Now he’s putting his expertise to work as a senior advisor to the CT Department of Housing.
Developers Are Making Noise in the Quiet Corner
Developers are eyeing vast parcels off Interstate 395 in northeastern Connecticut to accommodate rebounding demand for distribution and warehouse space.
Single-Stair Code Repeal Deals Blow to Missing Middle Housing, Advocates Say
Advocates for accelerated housing production across Connecticut say the state missed an opportunity to spur construction of modestly-priced apartments.
Hartford Developer Pushes Housing Forward Amid Headwinds
Under Anthony Healis Sr., The Cloud Co. is turning former state office buildings into 104 downtown Hartford apartments and reshaping a former public housing complex as a mixed-income community.
Tariff Fog Still Thick for Builders Days After Supreme Court Ruling
Real estate industry executives saw encouraging signs from the Supreme Court’s Friday decision wiping out Trump administration-imposed tariffs on some building materials, but hopes for predictability over U.S. trade policy were promptly dashed by new tariffs announced over the weekend.
Filling the Gaps in Greater Hartford Development
David Steuber is relatively new to his leadership position at Capital Region Development Authority, but no stranger to the Hartford region’s economic development programs.
REIT Buys Wallingford Shopping Center for $21.4M
A ShopRite-anchored retail property in Wallingford was acquired for $21.4 million by a publicly traded real estate investment trust headquartered in Singapore.
Housing Report Tracks Connecticut’s ‘Rental Deserts’
A recent uptick in multifamily development has cut into decades of stagnant activity, but rental deserts remain in many Connecticut communities and restrict housing options for residents.
Optimizing Construction Costs and Schedules Through AI
Ziv Levi’s New Haven startup uses AI to translate construction drawings into nuts-and-bolts work plans, potentially saving developers and contractors time and money.
