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$50M Renovation Helps Stamford Offices Buck Vacancy Trend

$50M Renovation Helps Stamford Offices Buck Vacancy Trend

by James Sanna | Aug 2, 2024 | Commercial & Industrial, CR Daily, Industry News

Stamford’s The Link office complex at 200 Elm St. is unusual for many of its peer buildings: It’s nearly full of paying tenants.

Report: McKinsey to Leave Stamford for Darien

Report: McKinsey to Leave Stamford for Darien

by The Commercial Record | Jul 15, 2024 | Commercial & Industrial, CR Daily, Industry News

Downtown Stamford is losing its outpost of global consultancy McKinsey & Co. to a new Darien development.

Stamford Offices Sold for Possible Hotel Conversion

Stamford Offices Sold for Possible Hotel Conversion

by James Sanna | Jun 24, 2024 | Commercial & Industrial, CR Daily, Industry News

A vintage office building in downtown Stamford could become hotels following its sale to a prominent local developer.

West Hartford OKs 322-Unit UConn Redevelopment

by James Sanna | Apr 17, 2024 | Commercial & Industrial, CR Daily, Industry News

The development team aiming to redevelop the University of Connecticut’s former West Hartford campus got a green light to proceed with their project Monday.

REIT to Give Big Stamford Office Building Back to Lender

REIT to Give Big Stamford Office Building Back to Lender

by James Sanna | Apr 12, 2024 | Commercial & Industrial, Industry News

A nearly-800,000-square-foot office building in downtown Stamford is being foreclosed on by its lender, Wilmington Trust Co.

Fintech Bank Opens Stamford HQ

Fintech Bank Opens Stamford HQ

by The Commercial Record | Mar 12, 2024 | Banking & Lending, CR Daily, Industry News

European fintech Banking Circle has placed its American headquarters office in Stamford, drawing Gov. Ned Lamont and state Banking Commissioner Jorge Perez to the ribbon-cutting.

Bigger Office Properties’ Higher Vacancy Rates Persist in Fairfield County

Bigger Office Properties’ Higher Vacancy Rates Persist in Fairfield County

by James Sanna | Mar 6, 2024 | Commercial & Industrial, CR Daily, Industry News, Westchester News

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.

Downtown Development Sites Drive CT’s Housing Production

Downtown Development Sites Drive CT’s Housing Production

by Steve Adams | Feb 9, 2024 | Commercial & Industrial, Industry News

Connecticut just recorded its highest level of housing permits in a single year since 2015. Despite the rising costs of financing and construction, developers say the multifamily market fundamentals continue to make urban core projects feasible.

Stamford, New Haven TOD Sites Get Funding Boost

Stamford, New Haven TOD Sites Get Funding Boost

by James Sanna | Oct 10, 2023 | Commercial & Industrial, CR Daily, Industry News

The State Bond Commission gave a pair of multi-million-dollar boosts to transit-oriented development projects along Metro-North’s New Haven Line.

Two Hotels Pitched for Downtown Stamford

Two Hotels Pitched for Downtown Stamford

by The Commercial Record | May 9, 2023 | Commercial & Industrial, CR Daily, Industry News

A pair of new hotels are being proposed in downtown Stamford.

A Career Fast Track Leads to Brokerage

A Career Fast Track Leads to Brokerage

by Steve Adams | Jan 26, 2023 | Commercial & Industrial, In Person, Industry News

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.

These CT Cities Worked Remotely the Most Last Year

These CT Cities Worked Remotely the Most Last Year

by The Associated Press | Sep 23, 2022 | CR Daily, Industry News, Residential Real Estate

During the first two years of the pandemic, the number of people working from home in the United States tripled, home values grew and the percentage of people who spent more than a third of their income on rent went up, the Census Bureau data shows.

Stamford HR Firm Finds ‘Significant Gap’ in Remote Work Expectations

Stamford HR Firm Finds ‘Significant Gap’ in Remote Work Expectations

by James Sanna | Jul 25, 2022 | Commercial & Industrial, CR Daily, Industry News

Stamford-based HR firm OperationsInc said its research shows a “significant gap” remains between managers’ and workers’ expectations and desires around remote work.

Saks Off 5th Returning to Stamford at Ex-Lord & Taylor Site

Saks Off 5th Returning to Stamford at Ex-Lord & Taylor Site

by The Commercial Record | Jul 18, 2022 | Commercial & Industrial, CR Daily, Industry News

A former standalone Lord & Taylor store in Stamford will continue as a retail location after discount retailer Saks Off 5th announced it has signed a lease for the property.

Some Communities Stumble on Housing Plan’s First Step

Some Communities Stumble on Housing Plan’s First Step

by Steve Adams | Jun 9, 2022 | Commercial & Industrial

Connecticut communities have begun submitting to state officials their homegrown strategies for creating more affordable housing.

Toll Brothers Lands Financing for 355-Unit Stamford Development

Toll Brothers Lands Financing for 355-Unit Stamford Development

by The Commercial Record | May 10, 2022 | Commercial & Industrial, CR Daily, Industry News

National homebuilder and apartment developer Toll Brothers announced it’s secured financing to build a 355-unit multifamily rental complex in an area of class B office buildings just north of downtown Stamford.

Wealth Firm Relocates to Stamford, Adds Square Footage

Wealth Firm Relocates to Stamford, Adds Square Footage

by James Sanna | Apr 26, 2022 | Commercial & Industrial, CR Daily, Industry News

State grants are helping a Darien wealth management firm relocate to Stamford and expand its physical footprint, Gov. Ned Lamont’s office said in an announcement.

Two Hotels Pitched for Downtown Stamford

Food Hall Headed for Troubled Stamford Mall

by The Commercial Record | Mar 1, 2022 | Commercial & Industrial, CR Daily, Industry News

Celebrity chef Todd English plans to open a large food hall in the troubled Stamford Town Center mall as part of a new business venture called The English Hospitality Group.

United Rentals Leases 51K SF in Stamford Complex

United Rentals Leases 51K SF in Stamford Complex

by The Commercial Record | Jan 6, 2022 | Commercial & Industrial, CR Daily, Industry News

A downtown Stamford office complex has a new tenant following the signing of a full-floor lease.

New CBRE Broker Returns to Familiar Terrain

New CBRE Broker Returns to Familiar Terrain

by Steve Adams | Dec 23, 2021 | Commercial & Industrial, CR Daily, In Person, Industry News

After advising corporate clients on decisions about real estate transactions across the globe, Sheera Riemer is working on deals close to home in her new role as a vice president at CBRE’s Stamford office.

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