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Rocky Hill Approves 96-Unit Development

Rocky Hill Approves 96-Unit Development

by Steve Adams | Aug 22, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

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

Rate Hikes Drive Wedge Between Fairfield Office Buyers, Sellers

by Steve Adams | Aug 16, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

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 Buys Former Big-Box Center in Orange

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

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

Former Hartford TV Station Property Put on the Market

by Steve Adams | Jul 26, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

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

Health Care JV Makes First Acquisition in Hamden Property

by Steve Adams | Jul 13, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A $300 million joint venture to invest in outpatient health care facilities made its first acquisition in a Hamden medical office building.

Lennar VC Backs Developer of New London, Cheshire Projects

Lennar VC Backs Developer of New London, Cheshire Projects

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

A company that’s developing a housing product designed to save developers time and money received a venture capital infusion for expansion.

540 Housing Units Envisioned at Former Simsbury Office Park

540 Housing Units Envisioned at Former Simsbury Office Park

by Steve Adams | Jun 22, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

The developer that acquired The Hartford’s Simsbury office campus in 2015 is proposing another 540 housing units on the 172-acre property.

Mohegans Buy 113-Acre School Property in Uncasville

Mohegans Buy 113-Acre School Property in Uncasville

by Steve Adams | Jun 5, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

The Mohegan tribe submitted the high bid to acquire a 113-acre parcel located two miles from its Mohegan Sun casino in Uncasville.

Milford Medical Offices Due for Refresh After Sale to NY Investor

Milford Medical Offices Due for Refresh After Sale to NY Investor

by Steve Adams | May 25, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A Milford medical office building located near the town’s Metro-North Railroad station was sold to a New York investor following a competitive bidding process.

Office Tenants Predict More Space Downsizing to Come

Office Tenants Predict More Space Downsizing to Come

by Steve Adams | May 22, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A majority of office tenants expect to shrink their space footprints further in the next three years, according to a CBRE report analyzing future demand in the office market.

Stratford Apartments Sold to New Jersey Investor for $23M

Stratford Apartments Sold to New Jersey Investor for $23M

by Steve Adams | May 11, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A pair of Stratford apartment complexes that traded for $23 million are the first Connecticut acquisition for a New Jersey real estate investor.

82 Apartments Coming to Meriden’s Aeolian Music Factory

82 Apartments Coming to Meriden’s Aeolian Music Factory

by Steve Adams | May 9, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

Approval of federal tax credits will enable a Boston developer to break ground this fall on the latest phase of a housing conversion at a former musical instrument factory in Meriden.

Waterbury Investor Buys Big Bridgeport Housing Portfolio

Waterbury Investor Buys Big Bridgeport Housing Portfolio

by Steve Adams | May 4, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A 437-unit apartment portfolio in Bridgeport was acquired by a Waterbury investor for $39.6 million.

NYC Developer Buys Mixed-Use Norwalk Property for $9.3M

NYC Developer Buys Mixed-Use Norwalk Property for $9.3M

by Steve Adams | Apr 26, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A Woodbury real estate investor acquired a Norwalk property including apartments and medical suites leased to Yale New Haven Hospital for $9.3 million.

Stamford Plaza Lands Greenwich Financial Company

Stamford Plaza Lands Greenwich Financial Company

by Steve Adams | Apr 19, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A Greenwich-based finance company is relocating to downtown Stamford after committing to occupy nearly 61,000 square feet at Stamford Plaza.

CBRE Markets Downtown Stamford Office Campus

CBRE Markets Downtown Stamford Office Campus

by Steve Adams | Mar 23, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

CBRE will seek to fill nearly 275,000 square feet of vacancies at a four-building office campus in downtown Stamford.

East Hartford Mayor Has ‘Strong Preference’ for Silver Lane Plaza Project

East Hartford Mayor Has ‘Strong Preference’ for Silver Lane Plaza Project

by Steve Adams | Mar 9, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

The town of East Hartford has a new role as shopping center landlord following its acquisition of the blighted Silver Lane Plaza for $4.5 million.

Rentschler Field Project Lands Wayfair, Lowe’s

Rentschler Field Project Lands Wayfair, Lowe’s

by Steve Adams | Mar 7, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

The first phase of redevelopment at Rentschler Field will be anchored by Wayfair and Lowe’s, which have leased a combined 2.5 million square feet of distribution space.

Water Treatment Company Expands in Old Saybrook

Water Treatment Company Expands in Old Saybrook

by Steve Adams | Mar 1, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

An Old Saybrook manufacturer of water treatment systems is expanding its local operations after leasing space at 139 Mill Rock Road East.

Safelite Group Prepares for Move to New Windsor Facility

Safelite Group Prepares for Move to New Windsor Facility

by Steve Adams | Feb 23, 2023 | Commercial & Industrial, CR Daily, Executive Briefing

A project designed by Maugel DeStefano Architects is creating nearly 166,000-square feet of high-bay logistics space at a 15-acre site Windsor fully leased to Safelite.

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