Commercial & Industrial
Ex-BHHS CRE Team Joins Century 21 in Wethersfield
By James Sanna | January 8, 2025 | Reprints | Unlock LinkA 10-agent team has jumped from one brokerage brand to another in central Connecticut.
Tong Joins Feds in Suing RealPage, Six Major Landlords
By Jesse Bedayn | The Associated Press | January 8, 2025 | Reprints | Unlock LinkThe U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high by using both an algorithm to help set rents and privately sharing sensitive information with their competitors to boost profits.
North Haven Offices Could Become Apartments After Sale
By James Sanna | January 6, 2025 | Reprints | Unlock LinkThe new owners of an office building near North Haven’s town green are eyeing a residential conversion, according to the brokerage in the sale.
Renters Staying Put at Increased Rate – But Not in Hartford
By Sam Minton | January 2, 2025 | Reprints | Unlock LinkWhile nationwide renters are staying in their homes at an increasing rate, Hartford is bucking the trend.
New Haven Apartments Trade for $10.25M
By James Sanna | December 20, 2024 | Reprints | Unlock LinkA New Haven apartment complex has sold to a local investor for $10.25 million.
Hartford Courant Offices Head to Auction Block
By James Sanna | December 16, 2024 | Reprints | Unlock LinkThe Hartford Courant newspaper’s former offices are headed for auction after three years of being up for sale with no takers.
Vacant Firehouse Eyed for Multifamily Redevelopment
By James Sanna | December 11, 2024 | Reprints | Unlock LinkA former firehouse in New Haven’s student-oriented East Rock neighborhood could become the basis for an apartment building under plans filed with the city’s Board of Zoning Appeal.
East Haven Asset Earns $7.1M in Sale
December 10, 2024 | Reprints | Unlock LinkCommercial real estate brokerage Marcus & Millichap announced the $7.1 million sale of an East Haven industrial asset.
State Brownfields Redevelopment Grants Aim to Unlock $530M in Private Investments
December 6, 2024 | Reprints | Unlock LinkState brownfields grants for 21 blighted properties in 18 municipalities across Connecticut worth $20 million will help build nearly 1,400 homes, Gov. Ned Lamont’s office said Wednesday.
A Seamless Transition for Apartment Industry Vet
By Steve Adams | Commercial Record Staff | December 5, 2024 | Reprints | Unlock LinkAfter starting her career at one of the nation’s largest apartment landlords and helping lead Connecticut’s apartment owners group, Kelly Kilham joined Simon Konover Co. in July as the West Hartford developer charts a multifamily expansion.
Stamford Medical Offices Trade for $19.1M
By Steve Adams | Commercial Record Staff | December 5, 2024 | Reprints | Unlock LinkThe 15-year owner of a fully-leased Stamford medical office building sold the property for $19.1 million to a joint venture of Sendero Capital and TPG Angelo Gordon.
38 Apartments Planned for Waterbury Newspaper Building
By James Sanna | December 4, 2024 | Reprints | Unlock LinkThe iconic headquarters of the Waterbury Republican-American newspaper could become the new home of 38 iconic apartments.
New Haven Apartments Trade Hands for $28M
By James Sanna | December 3, 2024 | Reprints | Unlock LinkTwo affiliates of New Jersey multifamily investor Cue Residential have picked up a portfolio of adjacent apartment buildings in New Haven’s Westville neighborhood for $28.65 million.
Yale Takes Wraps Off Big New Haven Theater Proposal
By James Sanna | December 2, 2024 | Reprints | Unlock LinkYale University wants to replace a parking lot, a Korean restaurant and a pair of townhouses in downtown New Haven with a big, new performing arts building and theater.
151-Unit Mixed-Income Project Opens in Newington
By Steve Adams | Commercial Record Staff | November 21, 2024 | Reprints | Unlock LinkAfter receiving $25 million in construction financing from Stearns Bank, developers marked the completion of a 151-unit apartment complex in Newington.
East Hartford Mega-Development Moves Closer to Construction
By James Sanna | November 20, 2024 | Reprints | Unlock LinkA series of recent acquisitions by West Hartford-based Simons Real Estate Group cleared the way for an estimated $840-million project known as Portside East that’s a linchpin of the town’s economic development strategy.
Bridgeport Power Plant Sold to Developers
By James Sanna | November 20, 2024 | Reprints | Unlock LinkThe coal-fired power plant that’s loomed over the city of Bridgeport for generations is finally set to come down. A mixed-use development could rise in its place.
New Canaan Housing Authority Buys AvalonBay Complex
By James Sanna | November 15, 2024 | Reprints | Unlock LinkA luxury apartment complex in Fairfield County has a new owner: the local housing authority.
Data-Driven Insights on Fairfield County CRE
By Steve Adams | Commercial Record Staff | November 15, 2024 | Reprints | Unlock LinkLars Remole Senior research analyst, Colliers Age: 32 Industry experience: 3 years Lars Remole provides data and analysis to Colliers brokers on the Fairfield County, Westchester County and Long Island commercial real estate markets, including a 2.6...
Stamford, Hartford Have Most Office Distress in Nation
By Sam Minton | November 14, 2024 | Reprints | Unlock LinkTwo Connecticut markets have some of the highest shares of distressed commercial loans in the nation according to a new report.
