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John E. Sheehan: Trends in the Fairfield County office market

During the past year, the sales market for office structures remained reasonably active with opportunistic buyers leading the way. Three sales deserve particular note because of their significance and what they mean for the entire marketplace.

36 Atlantic St. in Stamford sells for $2.1M

The footwear and apparel retailer Sport Scape occupies its 4,271-square-foot first-floor retail space, while the upper two floors with a total of 6,694 square feet are vacant.

Real estate forum considers the obstacles facing Fairfield County retail market

The idiosyncrasies and challenges that define Fairfield County’s retail property market were in the spotlight at the recent Second Annual Real Estate Outlook.

Three major deals fuel Fairfield County’s Q1 office leasing activity

Fairfield County’s office market saw 611,000 square feet in leasing activity during the first quarter of this year, according to a new report issued by CBRE Research.

1 Eliot Place in Fairfield sells for $5.075M

Rockwest Real Estate Partners, a New City-based real estate investment and management company, has purchased 1 Eliot Place, a 25,000-square-foot, three-story office property in Fairfield for $5.075 million.

Urstadt Biddle Properties acquires Tanglewood Shopping Center in Yonkers

Built in 1954, Tanglewood consists of two retail buildings: a 22,300-square-foot property anchored by AutoZone and an adjacent 4,700-square-foot property.

U.S. Sen. Murphy offers tax incentive bill for brownfield redevelopment

Sen. Chris Murphy has introduced legislation that would revive two expired tax incentives designed to spur the clean-up and redevelopment of contaminated industrial sites.

Three-parcel development site in Stratford sells for $1.7M

A three-parcel development site at East Main and Sidney Streets in Stratford was sold for $1.7 million to the Greenwich-based real estate investment trust Urstadt Biddle.

Brookfield Property Partners to acquire company behind SoNo Collection for $9.25B

Brookfield, which currently owns approximately 34 percent of GGP stock, will pay $9.25 billion for the remaining GGP shares in this newly announced acquisition.

Greenworks Lending carves out niche with C-PACE financing

The Darien-based Greenworks Lending focuses on providing capital to commercial property owners seeking to make their buildings more energy efficient.

O’Donovan’s Brookfield Market closes amid ‘building issues’

“We are unable to recover financially and keep the store to the standards we want, and the standards Brookfield deserves,” the owners said on Facebook.

Stratford approves rezoning request for new restaurant

A 2,250-square-foot restaurant with 38 parking spaces will be built on the 3.2-acre site at 577 Hawley Lane that was once a private residence.

Stratford’s downtown revival to begin with demolition of defunct school

The removal of the Center School will open up 3.6 acres of space for mixed-use development for Stratford's downtown revival.

Real estate futurist envisions 24-hour office buildings

“Nothing is immune from the forces at work,” said Geoffrey Kasselman, during his recent presentation “The Exponential of Everything.”

Leasing, rents, vacancies rose in 2017 in Fairfield County office market

According to a data analysis from Newmark Knight Frank, Fairfield County’s office leasing activity grossed 4.2 million square feet in 2017, up 18.5 percent from the previous year.