Trumbull Landlord Taps Colliers to Lease Corporate Drive Properties
The owners of a Trumbull corporate park selected brokerage Colliers to recruit medical and professional tenants as it seeks to fill more than 72,000 square feet of space.
UConn Leases Hartford Offices for Research Hub
University of Connecticut will establish a research center in downtown Hartford after leasing over 51,000 square feet of office space at a Northland Investment Corp.-owned property.
Brokerage Seeks Sites to Expand Cinema Concept
Under co-founder Dan Garofolo, Newington-based Reno Properties Group is scouring the New England landscape on behalf of a theater chain looking for new locations for its food-and-beverage-infused concept.
Third Generation Takes the Reins at Simon Konover Co.
Greg Konover leads the third generation at an iconic name in Connecticut’s real estate industry that’s making inroads in multifamily housing development and management throughout the Northeast.
Fairfield County Office Demand Remained ‘Tepid’ In Q1
Demand for Fairfield County office space remained “tepid” in the first quarter as leasing activity declined and landlords explored alternative uses including residential development.
West Hartford Sends YIMBY Message
After years of false starts and delays, the future of University of Connecticut’s former West Hartford campus is coming into sharp focus.
Providing Patient Capital for Low-Income Communities
Connecticut developers that build income-restricted housing and community facilities in low-income communities have a reliable partner in the BlueHub Loan fund run by Karen Kelleher.
Suburban Office Properties Outperform Downtowns in Q1
In a sluggish quarter of office leasing activity in Fairfield County, suburban properties outperformed their downtown counterparts in attracting and retaining tenants.
As Big Markets Pull Back, Elm City Lab Projects Advance
Newly-approved plans for office and medical research space point to potential expansion of New Haven’s life science ecosystem at a time when developers in other cities are having trouble filling space in many of the nation’s largest biotech clusters.
The Stars Align for a New Multifamily Development Firm
When Lewis Brown proposed an affordable housing development in his hometown of West Hartford, local officials not only supported the project but gave his newly-founded Honeycomb Real Estate Partners firm $3 million to help finance it.
$30M Infill Project Rises at Gateway to Windsor Center
After a stint as chief operating officer of New York developer Tishman Speyer’s operations in Brazil, Gregory Vaca returned to his native Connecticut during the pandemic to put his commercial real estate experience to work pursuing his own projects.
Hamden Developer Charts East Coast Expansion
Michael Belfonti made his first real estate deal as a junior in college, lining up investors to acquire a nearby roominghouse. Then, rather than working his way up through the ranks at a bigger real estate company, Belfonti chose to build his own development firm from scratch.
Developers Shelve HealthTech Park Project in Branford
A life science development planned for a Branford industrial park has been shelved after the withdrawal of a joint venture partner.
Commercial Lending Starts to Show Signs of Life
Lending conditions for commercial real estate showed the first improvement in seven quarters, according to a CBRE analysis of recent activity, amid signs that borrowing costs have peaked.
Downtown Development Sites Drive CT’s Housing Production
Connecticut just recorded its highest level of housing permits in a single year since 2015. Despite the rising costs of financing and construction, developers say the multifamily market fundamentals continue to make urban core projects feasible.
Signs of Stabilization for CT CRE in 2024
Commercial real estate investors are coming to grips with the higher-interest rate environment and what it means for property values.
Metro Hartford Office Leasing Drops in Q4
Office leasing in Hartford County declined 17 percent in the fourth quarter of 2023, while the handful of tenants that remained active in the market gravitated toward high-end buildings.
Derby Program Offers Homeowners Solar Arrays with Equity Focus
A partnership between the city of Derby and a Florida sustainable energy company will make it easier for low- and middle-income residents to convert their properties to solar energy.
Downtown Darien Reinvention Passes Midway Mark
In a county with office vacancies nearing 25 percent, a downtown Darien redevelopment offers a compelling argument for the popularity of workplaces located steps from housing, retail and transit.
Downtown Norwalk Property Gets $20M Refresh
A $20 million gut renovation project by Norwalk-based Seligson Properties updated a 68-year-old bank building that includes Stamford Health medical offices and a Wells Fargo Bank branch.
