Fairfield County Office Demand Remained ‘Tepid’ In Q1
Demand for Fairfield County office space remained “tepid” in the first quarter as leasing activity declined and landlords explored alternative uses including residential development.
Demand for Fairfield County office space remained “tepid” in the first quarter as leasing activity declined and landlords explored alternative uses including residential development.
Office tenants inked just 263,000 square feet of leases and renewals during the third quarter, CBRE reported, an 18 percent decline from the previous quarter.
A waterfront Stamford apartment building developed by Building and Land Technology has sold for $73 million.
A supermarket that’s helped anchor the decade-long transformation of Stamford’s South End neighborhood is closing.
Henry N. Cobb, the groundbreaking architect and longtime collaborator with visionary designer I.M. Pei who crafted a well-known Stamford landmark, died yesterday at 93.
Liquor importer and distributor Diageo has completed its move out of a Norwalk office complex and into what it termed a “dazzling new North American headquarters” in Manhattan.
One of Connecticut’s largest rooftop solar installations was unveiled Thursday at the 500,000-square-foot Silicon Harbor office complex in Stamford’s Harbor Point. Building Land and Technology (BLT), owner of Silicon Harbor and builder of the larger Harbor Point development, joined community members and elected officials to officially launch the system, which is expected to generate 732,400 kilowatt-hours of clean, renewable energy per year, enough to power 70 homes.
Marketing agency Colangelo is expanding from coworking space to an 11,234-square-foot headquarters at a Building and Land Technology-owned loft office building in Norwalk.
After a career on Madison Avenue working on ad campaigns for clients including Coca-Cola, John Knuff now pitches Connecticut communities on the benefits of housing production.
Brokers at Newmark Knight Frank’s Stamford office have their finger on the pulse of commercial real estate in Fairfield and Westchester counties.