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Westchester IDA OKs preliminary $6.6M tax break for apartments proposed near...

The project would be another element in the transformation of the so-called teardrop area – between Hutchinson River Parkway and Interstates 287 and 684 – from obsolete office parks to residential, recreational, retail and medical facilities.

Wright Street office complex in Westport sells for $30M

The two-building office complex is 94% leased.

Platinum Mile Teardown: 450 apartments planned for Westchester Park Drive in...

The proposal, led by Boston-based real estate firm Marcus Partners, would knock down a 160,000-square-foot office building and build in its place 450 apartments in two buildings.

Norwalk’s Merritt 7 office park receives award of excellence

Merritt 7 is currently 97 percent leased, and will have a large block of availability in 2019.

Norwalk’s Cross Street Medical Center sells for $23 million

Tenants at the 71,401-square-foot building at 40 Cross St. include Norwalk Surgery Center/Norwalk Hospital, St. Vincent’s MultiSpecialty Group, and Westmed.

HighTower Advisors signs 5,420 sf lease at 8-10 Wright Street in...

A Cushman & Wakefield team of Steven Baker and Adam Klimek represented the owner, MCP II Wright Street LLC, an affiliate of Marcus Partners, while Dave Fugitt and Bruce Wettenstein of Vidal/Wettenstein and CBIZ’s Chicago team jointly represented the tenant.

Marcus remakes two Norwalk buildings, signs tenant

An investment of $5 million includes new windows with Westport views.

Property owners invest in amenities, improvements

While new office developments are uncommon in the Fairfield County region, industry experts say the market is ripe for capital investment and upgrades.