News: Connecticut

Colliers International leases 13,122 s/f to The Connection Inc.

Jeffrey Williams,
Colliers International

New Haven, CT Colliers International Group Inc. represented The Connection Inc. in a 13,122 s/f lease at 900 Chapel St. The private, non-profit human service and community development agency will occupy the full penthouse floor at the 142,439 s/f, 13-story office tower.

The move to 900 Chapel St. accommodates a consolidation of two local Connection operations, according to Colliers’ Jeffrey Williams, who headed the site search with Hollis Pugh of the global commercial real estate services firm’s Stamford, Conn., office. John Keogh of Dow Condon d/b/a Colliers International served as landlord broker for PMC Property Group, which owns 900 Chapel St.

The Connection has served Connecticut for more than 40 years. Each month, thousands of people throughout the state are assisted bythe group’s behavioral health, family support and community justice programs. According to The Connection’s website, these programs reunite families; break the generational cycles of abuse and neglect; create safer, healthier communities; and assist with mental illness and addiction issues.

“This location is particularly well suited for The Connection, offering its clients direct accessibility from regional mass transit and major roadways,” said Williams, Colliers’ executive managing director | market leader. “The organization will benefit from the efficiencies of consolidation while enjoying the security, privacy and branding opportunities afforded by full-floor occupancy.”

The transaction marks Williams’ and Pugh’s first completed assignment for The Connection.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary