News

Teaming Up for Growth at Stamford’s Harbor Point

Ten years ago, Building and Land Technology took 80 acres of vacant industrial land in Stamford, Conn.’s South End, much of it contaminated brownfield sites, and began constructing a $3.5 billion mixed-use development. Harbor Point is now a large live-work-play community including 3,000 multifamily units, marinas, public waterfront access, more than 20 acres of parkland, restaurants and nightlife, offices and retailers....

Stamford Development 2018 In Review

Two neighborhoods proved the epicenter of the 2018 boom, as they have in previous years. In the South End and downtown alone, 2018 meant construction and plans for more of it. Work continued on four high-rise apartment buildings that bring the decade-old Harbor Point development to near completion at the southwestern tip of the South End while the same developer, Building and Land Technology, began construction on the new 500,000-square-foot headquarters for Charter Communications....

Westover Students, Parents See ‘incredible’ New Space

In the six days since Westover Magnet Elementary School students were told where they would be moving while their building is cleared of mold , office spaces at Silicon Harbor have been transformed into glass-paned classrooms. Conference rooms became computer labs. Huddle spaces now store learning materials. A once-carpeted hallway is now a gym....

BLT Getting Into Special Servicing Biz

Building and Land Technology (BLT) announced that Building and Land Technology Capital Real Estate Advisors, LLC (BLTCREA), a venture initially formed in 2017 to support commercial real estate investments of its parent BLT Capital Partners and its affiliates, is now fully operational as a rated special servicer and restructuring advisor....

Local Commercial Leasing Rebounds

Southwestern Connecticut’s office market is recovering — surely, but slowly. Vacancy rates throughout the area have declined in the past year as a series of deals involving major companies have helped to fill the space. Commercial realtors expect the progress to continue at an incremental pace, with few firms signing massive leases and landlords instead targeting smaller tenants. “I believe that Stamford, including lower Fairfield County, has all the right places to work,” said Sean Cahill, Norwalk-based principal and managing...

Technology Seen As Best Bet For Office Space

Even as some financial companies expand their presence in southwestern Connecticut entering 2018, a Stamford lease by a New York software giant may signal the region’s best potential for future growth, according to a brokerage firm that helps companies find space for expansion. In the first quarter, CA Technologies leased nearly 25,000 square feet of space at 200 Elm St. in downtown Stamford. ...

FactSet Leases 173,000 SF of Office Space at 45 Glover Avenue in Norwalk

FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, is relocating its global headquarters to 45 Glover Avenue, a 264,500 square foot Class-A office building located in Norwalk, CT, owned by Building and Land Technology (BLT). FactSet will lease 173,000 square feet of office space at 45 Glover Avenue, bringing the property to 100% occupancy....