Commercial & Industrial
Prices Slip For Some CRE Loans, Rise For Others
By James Cronin | Special To Commercial Record | April 1, 2013 | Reprints | Unlock LinkDespite remaining strong on a year-over-year basis, commercial real estate loan prices dropped slightly in February, according to DebtX, a popular marketplace for buying and selling loans.
Pfizer Will Raze Huge Office Building In Groton
March 29, 2013 | Reprints | Unlock LinkDrug giant Pfizer Inc. said it plans to tear down 750,000 square feet of unused laboratory space on its Groton campus, a move that follows frantic efforts in recent months to find a new use for the facility.
Pharmaceutical Co. Extends Lease In Danbury For $90M
March 29, 2013 | Reprints | Unlock LinkBoehringer Ingelheim Pharmaceutical has signed a 10-year lease extension at the Matrix Corporate Center in Danbury.
Conn. Considering Statewide Antiques Trail
March 28, 2013 | Reprints | Unlock LinkState lawmakers are considering a bill that would create a Connecticut Antiques Trail, an effort to highlight the state’s numerous antique shops.
SBA: Disaster Loans Available For Nonprofits
March 28, 2013 | Reprints | Unlock LinkThe U.S. Small Business Administration announced that certain private nonprofit organizations in Connecticut that do not provide critical services of a governmental nature may be eligible to apply for low interest rate disaster loans. These loans are available as a result of a presidential disaster declaration for public assistance resulting from damages caused by the February blizzard.
Postal Center Closings To Affect 1,200 Jobs
March 28, 2013 | Reprints | Unlock LinkConnecticut’s congressional delegation expressed outraged over the U.S. Postal Service’s decision to close mail processing centers in Wallingford and Stamford a year earlier than expected, affecting more than 1,000 workers.
Infinity Music Hall Hartford Breaks Ground
March 27, 2013 | Reprints | Unlock LinkConstruction on Infinity Music Hall Hartford kicked off this week, with the project expected to be finished later this year or early 2014. The hall, which will include a bistro for dining, is the second music and dining venue to be opened by founder and owner Dan Hincks and is one of several new revitalization initiatives on Hartford’s Front Street.
Contractor Leases 4,000 SF Of Flex Space In North Haven
March 26, 2013 | Reprints | Unlock LinkA contracting company has leased 4,000 square feet on Washington Avenue in North Haven.
Cornerstone To Manage Oppenheimer Global Fund
March 25, 2013 | Reprints | Unlock LinkHartford-based Cornerstone Real Estate Advisers has been appointed by OppenheimerFunds Inc. (OFI) to manage its newly-launched Global Real Estate Fund.
Two New Tenants Moving To Downtown Bridgeport
March 25, 2013 | Reprints | Unlock LinkTwo leases were signed recently at 1023 Main St. in Bridgeport.
Convenience Store Leases Space In New Haven
March 22, 2013 | Reprints | Unlock LinkKhawaja Sheraz has leased a 1,364-square-foot retail unit at 118 Grand Ave. in New Haven to open a convenience store called “Smoker’s Market 2.”
Urstadt Biddle Properties Elects Another Biddle To Board
March 22, 2013 | Reprints | Unlock LinkGreenwich-based Urstadt Biddle Properties Inc.’s stockholders have elected Catherine U. Biddle to fill a vacancy on the company’s board of directors.
Hope Springs Eternal As CRE Market Improves
By James Cronin | Special To Commercial Record | March 21, 2013 | Reprints | Unlock LinkThe Nutmeg State\’s commercial real estate market could start the spring with a bang if a North Haven deal for 386,000 square feet of industrial space comes to fruition.
Office Space Isn’t Shrinking, But Individual Workspace Is
By Tom O’Connor, Melisa Marcotte and Gary Sherman | Special To The Commercial Record | March 21, 2013 | Reprints | Unlock LinkWe\’ve heard a lot over the past year about the shrinking office. Not necessarily so, according to experts in space utilization and planning at Jones Lang LaSalle Project and Development Services (PDS) in Boston.
Office Space Isn\’t Shrinking, But Individual Workspace Is …
By Tom O’Connor, Melisa Marcotte and Gary Sherman | Special To The Commercial Record | March 21, 2013 | Reprints | Unlock LinkWe\’ve heard a lot over the past year about the shrinking office. Not necessarily so, according to experts in space utilization and planning at Jones Lang LaSalle Project and Development Services (PDS) in Boston.
Diversified Project Management Welcomes Reihl As Project Executive
March 20, 2013 | Reprints | Unlock LinkRobert Reihl has joined Diversified Project Management (DPM) as a project executive and will support the company’s life sciences, public and academic industry segments.
Survey: Conn. Real Estate Conditions Rebound To Three-Year High
By Nora Lockwood Tooher | Commercial Record Staff Writer | March 20, 2013 | Reprints | Unlock LinkThe latest survey of Connecticut real estate conditions indicates the best results in almost three years of data and market tracking.
Boxwell Joins SI Financial Advisors
March 19, 2013 | Reprints | Unlock LinkMimi Boxwell has joined SI Financial Advisors as an investment representative.
Gaia Real Estate Buys 163 Units In Avon
March 19, 2013 | Reprints | Unlock LinkNew York-based Gaia Real Estate has purchased 163 of 188 total apartment units at the Avon Place residential complex in Avon.
Gov. Malloy To Give Navigators Group $11.5M To Move To Conn. From New York
By James Cronin | Special To Commercial Record | March 19, 2013 | Reprints | Unlock LinkInternational insurance holding company The Navigators Group Inc. will move its corporate headquarters and additional operations to Stamford from New York by the fourth quarter of 2013.





