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.
Scaling High Barriers to Housing in the Tri-State Area
The nation’s busiest multifamily developer has brought on Chris Mazzola to lead its search for promising potential development sites in Connecticut and elsewhere.
Business Park Including Xerox HQ Trades for $58.5M
A four-building office portfolio in Norwalk that’s home to corporate tenants including the Xerox Corp. headquarters was acquired by an affiliate of Argent Ventures for $58.5 million.
CT Housing Growth Bill Gets Two Cheers from Advocates
For the first time, Connecticut communities will be required to set targets for housing production and tackle the state’s affordability crisis by encouraging development.
Historic Riverfront Property Sold in East Haddam
The one-time summer estate of a Gilded Age swindler in East Haddam was acquired by a local investor for $2.03 million.
‘There Will Be a Lot More Office Sales’
As an investment sales broker, Jeff Dunne is bracing for a busy 2026. A growing pipeline of office properties are expected to hit the market, including many transactions driven by lenders seeking to minimize losses.
Wilton Offices Trade for $25M
A WIlton office building occupied by tenants including insurers, health care companies and semiconductor suppliers traded for $24.75 million.
A Factory Town Lays Foundations for Reinvented Downtown
Naugatuck’s industrial past is reflected in street names such as Rubber Avenue that evoke its heyday as a manufacturing hub.
Danbury Apartments’ Sale Sets High Water Mark
In the biggest-ticket real estate transaction in the city’s history, a Danbury apartment complex was acquired by San Francisco-based FPA Multifamily.
Housing Development Begins Near New Naugatuck Station
Construction has begun on a 60-unit mixed-income apartment complex in a partnership between two developers in Naugatuck.
Amid Recent Building Boom, New Haven Sees Achilles Heel
The city has won plaudits from housing advocates for the rapid recent pace of its multifamily development. But while big projects sail through, smaller ones face lengthy permitting processes.
Raising the Bar for Senior Living
Under co-CEO Shane Herlet, Westport-based Maplewood Senior Living is betting on hospitality-level living standards.
A Tale of Two Dead Malls
The opening of Waterford’s Crystal Mall in 1984 was considered nothing less than a tectonic shift in New London County’s economy. Today the largely-vacant property is featured by social media influencers exploring “dead malls.”
East Lyme Bans Sizeable Developments Through 2029
A moratorium on sewer connections will effectively ban large development in East Lyme until 2029.
Waiting for the Next Shoe to Drop in CRE
Over nearly three decades, Choyce Peterson has carved out a niche in Fairfield and Westchester counties as a full-service brokerage specializing in office sales and leasing. John P. Hannigan is one of the principals.
Engineering Company Expands in Rocky Hill
An engineering company is doubling its footprint at a Rocky Hill office building located at the entrance to the 230-acre Corporate Ridge office park.
Office Growth Expected, Except Among Largest Companies
A growing majority of office tenants plan to expand their real estate footprints in the next three years, according to a nationwide survey of occupier sentiment.
