Commercial & Industrial
Biomedical Firm Takes 12K SF in Branford
January 6, 2020 | Reprints | Unlock LinkAnother biotech firm has relocated to Branford. Farmington-based Azitra Inc. will be moving to a new, 12,030-square-foot location at 21 Business Park Drive in February
Report: New Haven Coliseum Project Could Seek Approvals in Fall
January 6, 2020 | Reprints | Unlock LinkDowntown New Haven’s most anticipated commercial development could come up for official review as early as the fall of this year.
Deal Signed to Improve Cell Service on Metro North Trains
By The Associated Press | January 6, 2020 | Reprints | Unlock LinkConnecticut and AT&T have signed a deal designed to improve cellular service on the Metro North commuter rail line.
Bridgeport Concert Venue Nears Completion
January 3, 2020 | Reprints | Unlock LinkAnother major Bridgeport construction project is near completion, its developer has told local media, with the first concert dates in the Harbor Yard Amphitheater expected to be announced soon.
Zillow: Hartford Rents Up Nearly 50 Percent PSF Since 2010
January 2, 2020 | Reprints | Unlock LinkA new set of data released by Zillow has found that the median rent for multifamily buildings in Greater Hartford has risen by 46.5 percent on a per-square-foot basis between October 2010 and November 2019.
At Inauguration, New Haven Mayor Says City Must ‘Lean Into’ Growth
January 2, 2020 | Reprints | Unlock LinkWhen New Haven Mayor Justin Elicker was sworn in on New Year’s Day, one of the themes he highlighted in his first speech to the city was the need to adapt to the wave of real estate development sweeping over it.
New State Law OKs Receivers for Blighted Properties
By The Associated Press | January 2, 2020 | Reprints | Unlock LinkAs revelers rang in the new year, a host of new laws took effect in Connecticut, including expanded sales taxes, mental health parity requirements for insurers, an effort to help rehabilitate more blighted properties and extended periods between driver’s license renewals.
Fiscal Reports Show Revenue Declines at Connecticut Casinos
By The Associated Press | January 2, 2020 | Reprints | Unlock LinkRevenue at Connecticut’s two casinos declined in fiscal 2019 amid new regional competition, according to new fiscal reports.
The Most Popular Real Estate Stories of 2019
By James Sanna | December 31, 2019 | Reprints | Unlock LinkToday closes the books on 2019, a year of ups and downs for real estate in Connecticut. Here are the five real estate stories that you, our readers, read the most this year.
Day Pitney Adds Partner in Real Estate Group
By Steve Adams | Commercial Record Staff | December 31, 2019 | Reprints | Unlock LinkA former commercial real estate attorney for Robinson & Cole has been named a partner at Day Pitney LLP’s Stamford office.
Connecticut Housing Permits Up 1.2K Over 2018
By James Sanna | December 30, 2019 | Reprints | Unlock LinkHomebuilding and multifamily construction is headed for another banner year in Connecticut, with the number of housing units permitted through Nov. 30 up 1,222 over the same time last year.
Report: 220 Apartments Coming to Bridgeport
December 30, 2019 | Reprints | Unlock LinkSlowly, Bridgeport’s long-empty Steelpoint Harbor development is moving forward with the addition of over 200 new apartments.
Proposed Navy Shipbuilding Cuts for Upcoming Budget Will Spare Groton
By The Associated Press | December 30, 2019 | Reprints | Unlock LinkThe Navy is proposing construction cutbacks and accelerated ship retirements that would delay, or sink, the Navy’s goal of a larger fleet – and potentially hurt shipyards, according to an initial proposal.
Developers Buy Grocery-Anchored Portfolio for $150M
By Steve Adams | Commercial Record Staff | December 27, 2019 | Reprints | Unlock LinkWinstanley Enterprises and Surrey Equities of New York have acquired 23 grocery anchored shopping centers for $150 million from Philip Morris Capital Corp., including properties in Cromwell, Seymour and Willimantic.
Report: New Britain Offices Sell for $945K
December 27, 2019 | Reprints | Unlock LinkAn office building near the site of a planned $1 billion data center has sold for $945,000.
Norwalk Reaches $625K Settlement in Halfway House Lawsuit
By The Associated Press | December 26, 2019 | Reprints | Unlock LinkA federal prison halfway house will not be built in Connecticut after a Pennsylvania-based nonprofit reached a $625,000 settlement in an ongoing lawsuit with the city of Norwalk.
Bridgeport Begins Demolition of Derelict Downtown Properties
December 26, 2019 | Reprints | Unlock LinkA set of derelict buildings on the north end of downtown Bridgeport are coming down to make way for more green space.
Looney, Fasno Promise No Tolls on Cars
December 26, 2019 | Reprints | Unlock LinkLeaders of the state legislature’s Democratic majority and Republican minority promised any transportation funding plan the General Assembly passes in 2020 will not include tolls on cars.
Champagne and Shoes: Luxury Stores Adapt to Changing Shopper
By The Associated Press | December 26, 2019 | Reprints | Unlock LinkNew entrants have disrupted the luxury sector by creating different channels to attain the seemingly unattainable. For luxury department stores that once had a lock on where the well-heeled could shop, that has forced them to reimagine their approach.
The Go-To Place for Making Contacts
By Steve Adams | Commercial Record Staff | December 26, 2019 | Reprints | Unlock LinkKathleen Mylod is president-elect of CREW CT, the 100-member Connecticut chapter of Commercial Real Estate Women. In her day job, Mylod is a partner at Hartford-based Shipman & Goodwin LLP, where she advises clients including private equity and sovereign wealth funds, insurance companies and banks on debt and equity investments in commercial real estate.
