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Challenging year : Fairfield County office market looks to rebound from pandemic s disruption FacebookTwitterEmail In Fairfield County’s third-largest new lease of 2020, Greenwich Education Group signed a lease for about 67,000 square feet at 201 High Ridge Road in Stamford, Conn.Michael Cummo / Hearst Connecticut Media Southwestern Connecticut’s office leasing was hit hard by the coronavirus pandemic in 2020, but the market still showed signs of life. The mixed outlook is detailed in a new report from commercial real estate firm Newmark. While leasing volume plunged last year, Newmark officials argue that major deals brokered in the past few months showed that amid the rise of remote working many corporate tenants still see offices as key to their long-term plans. ....
UpdatedMon, Dec 28, 2020 at 11:04 am ET Reply(1) Nuvance Health announced Monday it will be leasing 220,000 square feet of office space in the former Union Carbide building to consolidate offices in Connecticut and bring 500 jobs from locations in New York. (Contributed by Thompson & Bender) The Summit at Danbury central atrium (Contributed by Thompson & Bender) DANBURY, CT Nuvance Health announced Monday it will be leasing 220,000 square feet of office space in the former Union Carbide building to consolidate offices in Connecticut and bring 500 jobs from locations in New York. The deal is the largest office lease in the state this year, according to a news release from Summit Development of Southport, who acquired the property two years ago. ....
Share: DANBURY, Conn., Dec. 28, 2020 /PRNewswire/ Continuing the stunningly rapid turnaround of the one-time Union Carbide world headquarters, Summit Development of Southport and Crestline Investors of Fort Worth in partnership with the Rizzo Companies of Danbury, today announced they have signed a lease with Nuvance Health Systems for 220,000 square feet at The Summit at Danbury. The deal, the largest office lease in the state this year, will allow Nuvance to consolidate offices in Connecticut and bring 500 jobs from locations in New York. The lease with Nuvance, formerly Western Connecticut Medical, is for 12 years and includes an option to expand up to 300,000 square feet. Nuvance operates seven hospitals in Connecticut and New York, including Danbury Hospital and Norwalk Hospital, and Putnam Hospital and Vassar Brothers Medical Center in New York. Its executive headquarters, back offices, labs and clinical facilities will be consolidated at ....
Christmas storm leaves path of destruction, knocks out power to parts of Connecticut News 12 Staff Updated on:Dec 25, 2020, 6:45pm EST Parts of Western Connecticut were pummeled by a strong wind and rainstorm overnight that lasted into Christmas Day. Heavy rain and strong winds pounded the region and knocked out power, sent trees tumbling down, and damaged property across the state. The Norwalk AutoZone Autoparts Store saw those strong gusts rip off some of the building s siding, but the city escaped any road closures. New Canaan saw road closures on Weeburn Drive where a downed tree blocked the road snagging power lines and cutting off power to the neighborhood. ....