Rhode Island Investor Acquires 68-Unit Groton Portfolio
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
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
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.
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.
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.
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.
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.
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.
Wealth Management Firm Expands in Darien
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
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
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
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
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
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.
Rocky Hill Approves 96-Unit Development
Rocky Hill officials gave final approval to a 96-unit apartment complex by a New York developer that manufactures its own building components at a Pennsylvania factory.
Rate Hikes Drive Wedge Between Fairfield Office Buyers, Sellers
Investment sales of office properties in Fairfield County have entered a “dormant” phase in 2023, with transaction volume plummeting 83 percent from the previous year.
Amazon Buys Former Big-Box Center in Orange
Amazon.com has acquired a former retail big box property on Orange’s Boston Post Road, after developing a 114,500-square-foot distribution center.
Former Hartford TV Station Property Put on the Market
The former WFSB-TV Broadcast House property in Hartford’s Constitution Plaza is up for sale again following a series of failed attempts to redevelop the property in recent years.
Health Care JV Makes First Acquisition in Hamden Property
A $300 million joint venture to invest in outpatient health care facilities made its first acquisition in a Hamden medical office building.
