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Stamford sets benchmark for corporate growth in Connecticut

by Building and Land Technology
News
October 8, 2017

Connecticut gets mixed reviews for its economic performance, but a blockbuster corporate expansion unveiled last week has garnered more plaudits for the state’s third-largest city. Telecommunications titan Charter Communications’ announcement it would not only keep its headquarters in downtown Stamford, but also move to a planned 500,000-square-foot building at the Gateway Harbor Point complex, attests to Stamford’s perennial appeal to major corporations. The Charter deal confirms many business leaders and public officials’ belief in Stamford as an exemplar for urban economic...

Henkel prepares for June start in Stamford

by Building and Land Technology
News
May 16, 2017

In June, Henkel Corp. will open its North American consumer-goods headquarters at 200 Elm St., according to a billboard advertisement posted a block away on South State Street. The company is relocating its laundry, beauty and home-care divisions from Scottsdale, Ariz., a transfer announced last October....

Henkel eyes larger footprint for future Stamford offices

by Building and Land Technology
News
January 24, 2017

Henkel Corp. originally planned to take 135,000 square feet at the BLT Financial Centre, at 200 Elm St., for its laundry, beauty and home care headquarters. Now, it will enlarge its footprint to 155,000 square feet to accommodate a laboratory for the development and testing of its beauty care products, Hearst Connecticut Media has learned. Those products include Dial soap, Right Guard antiperspirant and deodorant, Schwarzkopf hair care and got2b styling products....

Stamford aims to rebound from major office vacancies

by Building and Land Technology
News
December 20, 2016

A visitor’s view from the sixth floor of 200 Elm St. extends more than the length of a football field — without even gazing through a window. Only a few partitions and steel support beams now stand in that expanse in the BLT Financial Centre, which includes 200 Elm St. and the adjoining clock tower building at 695 East Main St. But hundreds of players will walk the same area within the next year. Henkel Consumer Goods signed earlier this...

Harbor Point cluster sale puts Stamford on big map

by Building and Land Technology
News
December 17, 2016

It’s a transformation that began in the South End, where Carl Kuehner and his Building and Land Technology are quickly growing the Harbor Point millennial playground — a $3.5 billion undertaking. Other developers have followed suit in recent years, with the downtown catering to a younger crowd and formerly residential neighborhoods getting urban and commercial makeovers....

Stamford Harbor Point apartment buildings sell for almost $400 million

by Building and Land Technology
News
December 12, 2016

A Manhattan real estate firm has acquired five apartment buildings in the Harbor Point development in the city’s South End for approximately $395 million, in Stamford’s largest real estate deal since the last recession. GAIA Real Estate and four institutional partners acquired the properties from Building and Land Technology and the Lubert-Adler Real Estate Funds. The portfolio includes The Key at Yale & Towne, Vault Apartments, The Lofts at Yale & Towne, 111 Harbor Point and Postmark Apartments. Together, those...