Connecticut
NKF Arranges $29M Debt for Central CT Retail
NKF arranged a $29-million fixed-rate loan to refinance Naugatuck Shopping Center in the central Connecticut city of Waterbury. The NKF team… Read more
CBRE Finds Buyer for Westport Offices
A CBRE team of Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, Gene Pride and Stuart MacKenzie closed on the… Read more
Norwalk Offices Trade for $9M
Cushman & Wakefield arranged the sale of 200 Connecticut Av. in Norwalk, CT. The property traded for $8,500,000. Buyer and seller weren’t… Read more
Charles J. Urstadt Dies at 91; Former Urstadt Biddle Chairman, CEO
Charles J. Urstadt, formerly chairman and CEO of Urstadt Biddle Properties, died Tuesday from complications arising from a recent stroke.… Read more
NBC Golf Moves from FL to CT
NBC Sports Group is relocating its Golf Channel headquarters from Orlando to its base in Stamford, CT. Westfair Online reported… Read more
NYC’s Evolving Superregional Industrial Market
The term “megalopolis” has been around for more than a century. In 2020, someone may need to coin a comparable… Read more
365 Adds LI Facility to Data Center Portfolio
365 Data Centers acquired a facility at 500 Commack Rd. in the Suffolk County community of Commack, NY from mindSHIFT Technologies (a Ricoh company).… Read more
Cornerstone Finances New Haven-Area MF Acquisition
Cornerstone Realty Capital recently arranged $5.5 million for the acquisition of Crestview Apartments in West Haven, CT. Buyer and seller… Read more
Sono50 Scores Trio of Leases
CBRE completed more than 10,000 square feet of new lease transactions at the newly- renovated Sono50, an office building in Norwalk,… Read more
HR Firm Moves to ESRT’s MerrittView
Choyce Peterson Inc. negotiated a 12,300-square-foot lease for OperationsInc at MerrittView in Norwalk, CT. John Hannigan of Choyce Peterson has… Read more
Serendipity Labs Will Roll Out Six More Flexible Space Locations
Flexible workspace provider Serendipity Labs, headquartered in Rye, NY, plans to roll out six new locations in 2020. Serendipity is… Read more
CBRE Brokers AvalonBay Sale in CT
AvalonBay Communities sold its 250-unit Avalon Shelton luxury apartment community in Shelton, CT to Pennsylvania-based Merion Realty Partners. The purchase… Read more
RFR Completes Upgrade on Stamford Plaza
RFR has completed a multi-year redesign and upgrade campaign at the company’s Stamford Plaza office campus in the CBD of… Read more
Colliers Names Two to Market Leader Roles
Jason Lund, most recently with WeWork, has joined Colliers International as executive managing director, New York City market leader. Additionally,… Read more
Apartment High-Rise Trades in Stamford
CBRE arranged the $90-million sale of Infinity at Harbor Point, a 242-unit high-rise luxury apartment community in Stamford, CT. The… Read more
Healthcare Investor Snaps Up Hartford-Area MOBs
Jacobson Properties recently arranged the sale of Constitution Professional Park, Newington, CT, a three-building medical office complex spanning 31,198 square… Read more
Report: Hartford Hotel Market to Remain Healthy in 2020
Revenue growth will continue to slowly increase in Hartford’s hotel market, according to a recent report from CBRE Hotels Research.… Read more
ACRES Funds Conversion of Stamford Offices to Apts.
ACRES Capital Corp. originated an approximately $33-million loan to fund the conversion of One Atlantic, an historic mixed-use office and retail property… Read more
BLT Diversifies Office Tenancy in CT’s Fairfield County
Owner-developer Building and Land Technology (BLT), based in Stamford, CT, has been diversifying its tenant roster at properties in both Stamford and… Read more