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Historic Tax Credits Help Pay for Hartford Office-to-Housing Conversion

Historic Tax Credits Help Pay for Hartford Office-to-Housing Conversion

by Steve Adams | May 16, 2025 | Commercial & Industrial, CR Daily, Executive Briefing

Developers broke ground on the transformation of a pair of century-old former state office buildings into a mixed-income apartment community in downtown Hartford.

Manchester Warehouse Sold to New Jersey Investor

Manchester Warehouse Sold to New Jersey Investor

by Steve Adams | Apr 29, 2025 | Commercial & Industrial, CR Daily, Executive Briefing

A New Jersey real estate investor that specializes in acquisitions of infill industrial properties paid $12 million for a Manchester distribution facility.

Stonington Village Gets $41.5M Financing for Housing

Stonington Village Gets $41.5M Financing for Housing

by Steve Adams | Apr 18, 2025 | Commercial & Industrial, CR Daily, Executive Briefing

A Stonington mixed-use development will add 160 multifamily units after receiving $41.5 million in financing from Liberty Bank.

Convenience Store Chain Eyes Expansion in Connecticut

Convenience Store Chain Eyes Expansion in Connecticut

by Steve Adams | Mar 25, 2025 | Commercial & Industrial, CR Daily, Executive Briefing

A chain of gas station-sited convenience stores will open its 10th Connecticut location in Rocky Hill after inking a lease at 944 Cromwell Ave.

151-Unit Mixed-Income Project Opens in Newington

151-Unit Mixed-Income Project Opens in Newington

by Steve Adams | Nov 21, 2024 | Commercial & Industrial, CR Daily, Executive Briefing

After receiving $25 million in construction financing from Stearns Bank, developers marked the completion of a 151-unit apartment complex in Newington.

Rhode Island Investor Acquires 68-Unit Groton Portfolio

Rhode Island Investor Acquires 68-Unit Groton Portfolio

by Steve Adams | Sep 30, 2024 | Commercial & Industrial, CR Daily, Executive Briefing

A Rhode Island-based real estate investor paid $9.25 million for a portfolio of 68 apartments located at three properties near the General Dynamics Electric Boat shipyard in Groton.

New Haven Biotech Exits Big Winstanley Project

New Haven Biotech Exits Big Winstanley Project

by Steve Adams | Aug 23, 2024 | Commercial & Industrial, CR Daily, Executive Briefing

A biotech company agreed to pay $41.5 million to terminate its lease at Winstanley Enterprises’s 101 College St. lab development in New Haven.

Trumbull Landlord Taps Colliers to Lease Corporate Drive Properties

Trumbull Landlord Taps Colliers to Lease Corporate Drive Properties

by Steve Adams | Jun 10, 2024 | Commercial & Industrial, Executive Briefing

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

UConn Leases Hartford Offices for Research Hub

by Steve Adams | Jun 7, 2024 | Commercial & Industrial, Executive Briefing

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.

Fairfield County Office Demand Remained ‘Tepid’ In Q1

Fairfield County Office Demand Remained ‘Tepid’ In Q1

by Steve Adams | May 9, 2024 | Commercial & Industrial, Executive Briefing, Westchester News

Demand for Fairfield County office space remained “tepid” in the first quarter as leasing activity declined and landlords explored alternative uses including residential development.

Suburban Office Properties Outperform Downtowns in Q1

Suburban Office Properties Outperform Downtowns in Q1

by Steve Adams | Apr 22, 2024 | Commercial & Industrial, Executive Briefing

In a sluggish quarter of office leasing activity in Fairfield County, suburban properties outperformed their downtown counterparts in attracting and retaining tenants.

Developers Shelve HealthTech Park Project in Branford

Developers Shelve HealthTech Park Project in Branford

by Steve Adams | Feb 21, 2024 | Commercial & Industrial, CR Daily, Executive Briefing

A life science development planned for a Branford industrial park has been shelved after the withdrawal of a joint venture partner.

Metro Hartford Office Leasing Drops in Q4

Metro Hartford Office Leasing Drops in Q4

by Steve Adams | Jan 22, 2024 | Commercial & Industrial, CR Daily, Executive Briefing

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.

Downtown Norwalk Property Gets $20M Refresh

Downtown Norwalk Property Gets $20M Refresh

by Steve Adams | Nov 30, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

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.

Wealth Management Firm Expands in Darien

Wealth Management Firm Expands in Darien

by Steve Adams | Oct 31, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A wealth management firm that recently leased a new office in Darien announced plans to relocate to Baywater Properties’ Corbin District development in late 2025.

Greenwich Investor Sells Boston Offices for Discount

Greenwich Investor Sells Boston Offices for Discount

by Steve Adams | Oct 27, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A Greenwich real estate investor sold a Boston office property for a 47-percent discount after eight years of ownership, in a reflection of the city’s struggling class B office market.

Bagels, Burgers Coming to Darien Commons

Bagels, Burgers Coming to Darien Commons

by Steve Adams | Oct 20, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

Five retailers’ ranging from a natural burger vendor to women’s bodywear boutique have leased space at the recently completed Darien Commons development. Developer Federal Realty Investment Trust said Bareburger, Cosmo’s Bagels & Cafe, women’s apparel store...
Ashford Apartment Complex Fetches $6.15M

Ashford Apartment Complex Fetches $6.15M

by Steve Adams | Oct 17, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A 52-unit apartment complex in the Quiet Corner sold for nearly double the price of its previous trade in 2017.

Fairfield County Office Rents Take Another Hit

Fairfield County Office Rents Take Another Hit

by Steve Adams | Oct 12, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

Office tenants inked just 263,000 square feet of leases and renewals during the third quarter, CBRE reported, an 18 percent decline from the previous quarter.

Downtown Greenwich Offices Trade for $15.5M

Downtown Greenwich Offices Trade for $15.5M

by Steve Adams | Sep 14, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A well-leased boutique office building near the Greenwich Metro-North train station was acquired for $15.5 million by a local real estate investor.

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