Commercial & Industrial
Hartford Line Train Passes 1M Riders
January 16, 2020 | Reprints | Unlock LinkThe state’s 18-month-old commuter rail line has already broke the 1 million-rider mark, Gov. Ned Lamont said.
Stamford Plaza Attracts 100,000 SF in Leasing After Upgrades
By Steve Adams | Commercial Record Staff | January 15, 2020 | Reprints | Unlock LinkTenants have signed more than 100,000 square feet in office leases at Stamford Plaza office campus following a $5 million capital improvement program by owner RFR of New York.
Hartford Affordable Housing Project Lands $26.7M in KeyBank Financing
January 15, 2020 | Reprints | Unlock LinkThe latest phase in a 40-acre redevelopment project in Hartford will move forward thanks to $26.7 million in construction financing and Low Income Housing Tax Credit equity from KeyBank’s community development lending and investment division.
New Owner Names Leasing Agent for Stamford Offices
By Steve Adams | Commercial Record Staff | January 15, 2020 | Reprints | Unlock LinkCBRE’s Stamford office leasing specialists have been named exclusive agents for a Stamford property acquired late last year for $23 million.
New Haven Preparing Affordable Housing Requirements
January 14, 2020 | Reprints | Unlock LinkInvestors and developers trying to cash in on New Haven’s booming multifamily scene may soon have to contend with a new city requirement: including affordable housing in their projects.
Connecticut and its Neighbors Regroup on Marijuana Legalization
By The Associated Press | January 14, 2020 | Reprints | Unlock LinkA year ago, marijuana legalization looked like it was on a roll in the Northeast – it had already passed in three of the region’s states and was a priority for governors in three more, including the populous New York.
Shelton Luxury Apartments Sell
January 14, 2020 | Reprints | Unlock LinkA Shelton luxury apartment complex has been sold to a multifamily investor.
GOP Leader Doubts Tolls Can Pass Legislature
By The Associated Press | January 14, 2020 | Reprints | Unlock LinkThe Republican leader of the Connecticut Senate said Monday he doubts a transportation bill that includes tolls can be passed in the General Assembly, despite optimism expressed by Democratic Gov. Ned Lamont.
Hartford HealthCare Takes 82K SF in City’s Downtown
By James Sanna | January 13, 2020 | Reprints | Unlock LinkThe Hartford HealthCare hospital system will be the new occupants of six floors at downtown Hartford’s 100 Pearl St. tower following the signing of one of the city’s biggest commercial leases in recent months.
CRE Market Struggles to Gain Momentum
By Steve Adams | Commercial Record Staff | January 13, 2020 | Reprints | Unlock LinkIndustrial real estate will continue to attract strong demand while a potential tug-of-ware looms between downtown Hartford and suburban office properties in 2020, commercial real estate brokers said at a market outlook forum sponsored by CBRE in Hartford.
Lamont Says He Has Votes for Tolls Deal
By The Associated Press | January 13, 2020 | Reprints | Unlock LinkDemocratic Gov. Ned Lamont told reporters Friday that he believed a tentative deal on a transportation funding bill could be reached soon, possibly over the weekend, with leaders of the Democratic-controlled General Assembly.
New Haven Industrial Properties Trade for $3.1M
January 10, 2020 | Reprints | Unlock LinkA pair of New Haven industrial properties have been sold for $3.1 million.
Contractor Charged with Cheating Youth Soccer Club of $17K
By The Associated Press | January 10, 2020 | Reprints | Unlock LinkA contractor has been charged with failing to reimburse a youth soccer club the $17,000 it paid him for an artificial turf field that he never installed.
136K SF of Medical Office Space Trades in Hamden
January 10, 2020 | Reprints | Unlock LinkTwo medical office buildings totaling approximately 136,000 square feet of medical office space were sold to a large medical real estate investment trust.
MerrittView Snags 12K SF HR Tenant
January 9, 2020 | Reprints | Unlock LinkOperationsInc, one of the nation’s largest human resources outsourcing and consulting firms, is relocating its headquarters to an office building next to the Merritt 7 development from elsewhere in Norwalk.
New Haven Landmark Sold, Boutique Hotel Planned
January 8, 2020 | Reprints | Unlock LinkAfter serving as nothing more than an architecturally significant billboard for the neighboring IKEA store, New Haven’s Pirelli Building has been sold to a developer who plans to renovate it into a boutique hotel.
Macy’s Plans to Close Westfield Meriden Anchor Store
By James Sanna | January 7, 2020 | Reprints | Unlock LinkOne of the Westfield Meriden Mall’s anchor stores will soon close.
West Hartford Furniture Showroom Next to Transit Station Closing
January 7, 2020 | Reprints | Unlock LinkA large furniture showroom located next to a West Hartford CTFastrak station is closing, potentially opening the door to redevelopment.
East Haven Light Industrial Building Sells
January 7, 2020 | Reprints | Unlock LinkAn East Haven light industrial building has sold to a buyer who plans to use it for his HVAC business.
Pier 1 Imports to Close Half of Stores as Sales Falter
By The Associated Press | January 7, 2020 | Reprints | Unlock LinkPier 1 Imports is closing nearly half its 942 stores as it struggles to draw consumers and compete online.
