Commercial & Industrial

Windsor Locks Hitches Growth to New Train Station
By Steve Adams | Commercial Record Staff | February 20, 2025 | Reprints | Unlock LinkWhere other passersby saw a 1980s-era strip mall in Windsor Locks’ faded former town center, Dan Drazen envisioned an opportunity.

200K SF Warehouse Pitched in South Windsor
By James Sanna | February 19, 2025 | Reprints | Unlock LinkAn LLC registered to a Florida residential address wants to build another large warehouse in South Windsor.

New Haven Multifamily Complex Sells for $72M
By James Sanna | February 18, 2025 | Reprints | Unlock LinkOne of the latest large-scale multifamily complexes to complete in New Haven’s latest building boom have fetched top dollar.

Storrs Grocery Plaza, Apartments Fetches $40M
By James Sanna | February 13, 2025 | Reprints | Unlock LinkA major insurance company bought three buildings in the Storrs Center development across from the University of Connecticut campus.

Report Says Bridgeport Stadium Could Bring $3.4B Boom
By James Sanna | February 12, 2025 | Reprints | Unlock LinkA proposed professional soccer stadium on Bridgeport’s waterfront could bring in nearly double its construction cost in economic benefits, according to a new study.

Trump, Musk Demand Termination of Federal Office Leases
By Meg Kinnard and Joshua Goodman | The Associated Press | February 5, 2025 | Reprints | Unlock LinkOne of the next moves in President Donald Trump and Elon Musk’s sweeping effort to fire government employees and curtail operations is using the agency that manages thousands of federal employee worksites around the country to cut down on office space.

Manchester Officials Seek Developers for Downtown Parcel
By James Sanna | February 5, 2025 | Reprints | Unlock LinkManchester officials have issued a request for proposals to the real estate industry for a 2.38-acre property at the southern gateway to the city’s Main Street.

Timex Relocates to Shelton Office Park
By James Sanna | February 4, 2025 | Reprints | Unlock LinkFamous watch company Timex Group has inked a lease for space in a Shelton office park to serve as its new headquarters.

RMS Buys Land for Future Stamford Apartment Building
By James Sanna | February 3, 2025 | Reprints | Unlock LinkAn affiliate of prolific local developer RMS Compaines has secured site control for its approved downtown Stamford apartment proposal.

Builder Finding Fertile Growth Territory in CT
By Steve Adams | Commercial Record Staff | January 31, 2025 | Reprints | Unlock LinkMutifamily housing developers are gravitating to the suburbs in search of sites that offer lower acquisition and construction costs than urban cores. It’s a fertile growth opportunity for Callahan Construction.

Second Big Stamford Office Building Trades
By James Sanna | January 30, 2025 | Reprints | Unlock LinkThe second major Stamford office property has traded hands in a month, after the former WWE headquarters sold, reportedly for a residential conversion.

Trump Money Memo Causes Concern in CT Housing Sector
By Sam Minton | January 29, 2025 | Reprints | Unlock LinkAfter President Donald Trump moved to freeze all federal financial assistance, setting of a storm of confusion and panic Tuesday, local low-income housing providers are left wondering if they will be able to make upcoming payments.

East Haven Industrial Property Sells for $1.8M
By James Sanna | January 27, 2025 | Reprints | Unlock LinkAn East Haven auto body facility has traded hands to a Milford businessman.

Report: Penrose Buys Ex-State Office Buildings for Housing
January 22, 2025 | Reprints | Unlock LinkTwo former state office buildings could soon become over 100 apartments after a Philadelphia mixed-income housing developer bought them for $1.1 million.

Lamont Pitches Real Estate Changes to Protect Against Floods
By James Sanna | January 22, 2025 | Reprints | Unlock LinkWith severe weather becoming a much bigger risk in Connecticut, Gov. Ned Lamont announced he’s proposing legislative changes to adapt the state’s real estate markets and planning practices.

State Funds Nine Housing Developments
January 21, 2025 | Reprints | Unlock LinkState officials recently announced nearly $26.17 million in loans, grants, tax credits and other forms of financing that will help get developments totaling 658 new housing units, 381 of which will be affordable housing.

Mystic Ex-Bookstore Sells for $2.95M
By James Sanna | January 20, 2025 | Reprints | Unlock LinkA landmark building in downtown Mystic has traded hands for nearly $3 million in a transaction that will help a 127-year-old family business find a location for its expansion.

Lender Seeks Receiver Appointed for Troubled Hartford Tower
By James Sanna | January 15, 2025 | Reprints | Unlock LinkAfter losing its anchor tenant in 2023, the troubled CityPlace I tower in downtown Hartford could be headed for another storm.

State Pitches in to Jumpstart Major Developments
By Steve Adams | Commercial Record Staff | January 13, 2025 | Reprints | Unlock LinkBlighted and underutilized properties are being targeted for adaptive reuse and redevelopment in Connecticut’s largest cities, setting the stage for some of the state’s notable projects moving forward in 2025.
Manchester Shopping Center Trades for $67.5M
By James Sanna | January 9, 2025 | Reprints | Unlock LinkNew York City investor Brixmor Property Group says it bought Manchester’s Plaza at Buckland Hills for over twice its appraised value.