Commercial & Industrial
Darien Office Building Sells for $21M
By James Sanna | September 30, 2022 | Reprints | Unlock Link
Fairfield County real estate investment firm the V20 Group is the new owner of a late-1970s office building in Darien.
CT Housing Permits Are on a Roll
By James Sanna | September 28, 2022 | Reprints | Unlock LinkConnecticut’s cities and towns OK’d another 396 homes last month, more units than have been permitted through August in any year since 2016.
Willington Nixes Big Warehouse Proposal
By James Sanna | September 27, 2022 | Reprints | Unlock LinkA large warehouse just off Interstate 84 in Willington won’t go forward after town officials voted down the 1.5 million-square-foot proposal
Bringing Shakespeare and Services to the Office Park
By Steve Adams | Commercial Record Staff | September 22, 2022 | Reprints | Unlock LinkIn stark contrast to many of the larger corporate landlords in Fairfield County, R.D. Scinto Inc. and its founder, Bob Scinto, maintain a distinctly personal approach to operations of its commercial portfolio.
New Britain Developer Secures City Lot for 100-Unit Project
By James Sanna | September 16, 2022 | ReprintsNew Britain-based Jasko Development has secured officials’ approval for the land that will hold its latest large apartment building in downtown New Britain.
Windsor Locks Breaks Ground on Key Project: a New Train Station
By The Associated Press | September 15, 2022 | ReprintsGov. Ned Lamont was on hand Wednesday to kick off construction on a project Windsor Locks officials hope will spur more development in their town: a new train station.
Biden Order Could Boost Local Biomanufacturing
By Christopher Rugaber | The Associated Press | September 12, 2022 | ReprintsPresident Joe Biden is launching a new initiative that could generate more demand in Connecticut’s nascent life science real estate sector.
Mayor, Mortgage Exec Trade Views on ‘Bullying’ Suburbs Over Zoning
September 9, 2022 | ReprintsSparks flew when New Canaan’s Greg Schwartz, founder and CEO of the Tomo Network mortgage company, and New Haven Mayor Justin Elicker debated rich suburbs’ exclusionary zoning.
Commercial-to-Multifamily Redevelopment Proposed in West Hartford
By Steve Adams | Commercial Record Staff | September 8, 2022 | ReprintsA 3.5-acre commercial site off Farmington Avenue in West Hartford could be redeveloped with 85 apartments and condominiums under plans submitted by The Arapahoe Group LLC.
Office Market Divide Places Landlords at Crossroads
By Steve Adams | Commercial Record Staff | September 8, 2022 | ReprintsRecent market trends in Fairfield County office leasing underscore the need for developers to invest in building upgrades and tenant amenities – or consider conversions to more desirable uses.
Huge Luxury Apartment Complex Headed for Bridgeport
By James Sanna | September 7, 2022 | ReprintsBridgeport may have won another battle in its long war to attract market-rate development back to its streets.
CT Sees Record Housing Starts in July
By James Sanna | September 2, 2022 | ReprintsHousing development in Connecticut is currently outpacing every prior year since at least 2015, according to new figures released this week by the state Department of Economic and Community Development.
Women in CRE Leave Jobs to Seek Career Growth, Survey Finds
By James Sanna | September 2, 2022 | ReprintsA majority of women commercial real estate industry who left their job since the pandemic began did so to find career growth their old firm couldn’t provide.
Amazon Buys Land for Naugatuck-Waterbury Warehouse
September 1, 2022 | ReprintsAmazon may be trying to walk away from parts of its distribution center network as demand for online shopping falls as the pandemic winds down, but at least on project won’t be part of that.
New Haven Suburb Faces Civil Rights Suit Over Zoning
August 31, 2022 | ReprintsA statewide civil rights and housing advocacy group filed suit against the New Haven suburb of Woodbridge yesterday, saying the town’s zoning violates state zoning law and the federal Fair Housing Act.
Investment Advisors Lease Offices on Stamford Waterfront
By Steve Adams | Commercial Record Staff | August 29, 2022 | ReprintsInvestment advisors Albourne America have leased office space at Building and Land Technology’s Harbor Point mixed-use development on the Stamford waterfront.
New York Developer Buys Westport Office Property
By Steve Adams | Commercial Record Staff | August 29, 2022 | ReprintsA New York developer has made its second office property acquisition in Westport this year, acquiring a 42,432-square-foot office building for $16.5 million.
Luxury Apartments Planned for West Hartford Museum Site
August 25, 2022 | ReprintsOnce the Connecticut Children’s Museum relocates from its longtime West Hartford location, it could be replaced by 172 luxury apartments.
Spotlighting Main Street as an Economic Driver
By Steve Adams | Commercial Record Staff | August 25, 2022 | ReprintsMichelle McCabe is hitting the road and getting familiar with the more than 80 communities that form the constituency of her downtown revitalization agency.
Branford Industrial Investment Sale Nets $3.3M
August 24, 2022 | ReprintsA Cromwell industrial property has sold for $3.3 million, according to the brokerage that arranged the deal.
