Aircraft Leasing Firm Opening Greenwich Office
An alternative investment manager that specializes in aircraft leasing is opening a new office in downtown Greenwich.
Stamford Medical Offices Trade for $19.1M
The 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.
Suburban Office Properties Outperform Downtowns in Q1
In a sluggish quarter of office leasing activity in Fairfield County, suburban properties outperformed their downtown counterparts in attracting and retaining tenants.
As Big Markets Pull Back, Elm City Lab Projects Advance
Newly-approved plans for office and medical research space point to potential expansion of New Haven’s life science ecosystem at a time when developers in other cities are having trouble filling space in many of the nation’s largest biotech clusters.
Bigger Office Properties’ Higher Vacancy Rates Persist in Fairfield County
A new analysis of occupancy data by commercial brokerage Avison Young finds that the bigger an office building is in Fairfield County, the more empty it continues to be.
Commercial Lending Starts to Show Signs of Life
Lending conditions for commercial real estate showed the first improvement in seven quarters, according to a CBRE analysis of recent activity, amid signs that borrowing costs have peaked.
Amid Surge in Multifamily Deliveries Elsewhere, Hartford Still Sees Rent Growth
The U.S. multifamily market experienced a surge in new construction deliveries in 2023, leading to a slowdown in rent growth, according to CBRE’s latest research.
Metro Hartford Office Leasing Drops in Q4
Office leasing in Hartford County declined 17 percent in the fourth quarter of 2023, while the handful of tenants that remained active in the market gravitated toward high-end buildings.
Fairfield County Office Rents Take Another Hit
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.
Downtown Greenwich Offices Trade for $15.5M
A well-leased boutique office building near the Greenwich Metro-North train station was acquired for $15.5 million by a local real estate investor.
State’s Major Office Markets Can’t Gain Traction in Q2
Office tenants’ slimmed-down space requirements continue to temper leasing demand within Connecticut’s major office markets, keeping vacancy rates elevated and favoring high-end properties.
Study Says Small Group of Office Buildings Causing Market Pain
Commercial developers group NAIOP said distress in the office market has been concentrated in a small percentage of buildings that are functionally obsolete.
CBRE Markets Downtown Stamford Office Campus
CBRE will seek to fill nearly 275,000 square feet of vacancies at a four-building office campus in downtown Stamford.
Bankwell Adds CBRE Exec to Board
New Canaan-based Bankwell Financial Group Inc. has added CBRE’s Jeffrey Dunne to its board of directors.
Former Patriots Linebacker Buys Farmington Project
A Fairfield-based investment firm co-led by a former linebacker for the New England Patriots has bought a Farmington multifamily project site.
Huge Downtown Hartford Parcel Hits Market
A major potential development site in Hartford’s Downtown North neighborhood that’s “the equivalent of two New York City blocks” according to its brokers is looking for buyers.
A Career Fast Track Leads to Brokerage
After immersing himself in the financial data that drives commercial real estate transactions, Joseph Weaver made the move to brokerage and the opportunity to put together deals himself.
Office Market Shows Signs of Recovery in Fairfield County
Fairfield County’s office market showed signs of recovery in the third quarter, as leasing activity approached pre-pandemic levels and the availability rate edged downward.
Office Market Divide Places Landlords at Crossroads
Recent market trends in Fairfield County office leasing underscore the need for developers to invest in building upgrades and tenant amenities – or consider conversions to more desirable uses.
New York Developer Buys Westport Office Property
A New York developer has made its second office property acquisition in Westport this year, acquiring a 42,432-square-foot office building for $16.5 million.
