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Local Commercial Leasing Rebounds

by Building and Land Technology
News
August 29, 2018

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

by Building and Land Technology
News
April 13, 2018

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

by Building and Land Technology
News
March 2, 2018

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....

BLT Continues Expansion in Stamford Office Market

by Building and Land Technology
News
December 26, 2017

A sluggish office market is not slowing the expansion of one of southwestern Connecticut’s most prominent developers. During the past year, Stamford-based Building and Land Technology has redeveloped a harborfront complex that includes some 220,000 square feet of office space on Southfield Avenue in the city’s Waterside section. In a city with a roughly 30 percent office-vacancy rate, BLT also owns other large office hubs — some of which have empty space. But executives think their recent acquisition does not...