Commercial & Industrial
Tenants submitted just over half of May rent payments to retail landlord Federal Realty Investment Trust, but phased reopenings are continuing at its 104 shopping centers as local authorities lift restrictions on public gatherings.
Waterbury police arrested 28 people over the weekend in connection with protests over police killings of Black people, but authorities said the demonstrations were mostly peaceful as they were in cities across Connecticut.
Yale plans to push the end of its fall semester and final exams into an online-only mode, the university said in an open letter on its website.
Bankrupt mall anchor J.C. Penney plans to ask its landlords for free rent.
A commercial building near the center of Hamden has sold.
U.S. construction spending fell 2.9 percent in April with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.
A pair of local developers are asking Fairfield town officials for permission to build a total of 66 apartments near one of the town’s train stations.
Expanded free mobile testing for COVID-19, with no prescriptions required, has begun in several Connecticut cities. It’s part of the state’s effort to ramp-up testing of people living in densely populated areas to help keep tabs on possible flareups.
U.S. consumer spending plunged by a record-shattering 13.6 percent in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
A 10-story tower in downtown New Haven took another step towards being permitted after getting approval from a key committee.
Commercial tenants in New England are seeking lease renewals with shorter terms, the Federal Reserve’s eight-times-a-year survey of the nation’s regional economy, colloquially called “the Beige Book” after the cover of its print edition, has found.
In Connecticut, 16,584 filed, over 9,300 fewer than filed last week, according to the federal Labor Department, a significant drop continuing a trend of week-over-week declines since the state’s retail and hospitality sectors, among others, largely shuttered due to the coronavirus.
A joint venture has named JLL as exclusive leasing agent for 90,000 square feet of office and life science space in New Haven’s Winchester Works.
The coronavirus crisis appears to not have caused a slowdown in rent growth in Greater Hartford according to new data from the Zillow Group
A long-awaited food hall and market in Hartford’s Parkville neighborhood opened last week, offering takeout only as its small business tenants struggle to get their shops off the ground, the Hartford Courant reported.
When evaluating a store’s safety measures, customers said cleaning protocols and the presence of masks and other barriers were most important to making them feel safe shopping there.
With more than 38 million unemployment claims, the Republican response centers on kick-starting the economy to reduce the need for more federal intervention.
Plans to partially reopen Foxwoods Resort Casino on June 1 are still moving ahead despite opposition from Connecticut Gov. Ned Lamont, the chairman of the Mashantucket Pequot Tribal Nation said Thursday.
Silicon Valley and Seattle giants – Facebook, Microsoft, Apple, Twitter – were the first to send their employees home as the virus spread to the U.S. Now they’re among the last to return them to the office. Some of their employees might never go back.
TJX Cos. plans to reopen all 1,600 of its stores nationwide, as soon as local government regulations allow.