News

BRIDGEPORT, CONN. — Locally based brokerage firm Choyce Peterson has negotiated the sale of a 30,000-square-foot office building in Bridgeport, located in the southern coastal part of the state. An entity doing business as Courtland Street Partners LLC sold the freestanding building to an affiliate of Adam J. Lewis Academy for an undisclosed price. Scott Peterson and Charlene O’Connell of Choyce Peterson brokered the deal. The new ownership plans to convert the building into an expansionary facility for its main school.

Renaissance Capital is relocating its headquarters in Greenwich to a 2,931-square-foot office at First Stamford Place in Stamford.Choyce Peterson Principal John Hannigan and Associate Casey McKnight represented Renaissance Capital, which provides pre-IPO institutional research and management of IPO-focused investment products, in the transaction.

Stamford Advocate May 19, 2019 By Alexander Soule – Developers, towns take a look at land use rules to shape area’s future.

By Alexander Soule- – Weeks after selling off the massive Matrix Corporate Center in Danbury, the estate of a Long Island developer found a Greenwich buyer for a smaller office building on Connecticut Avenue in Norwalk.

Pentegra Retirement Services, a leading provider of retirement products and services, has renewed its existing lease and expanded into a total 34,677 square feet at 108 Corporate Park Drive in White Plains, NY.

A global prepared-foods company is staying in Stamford, moving its headquarters from a West Broad Street building to the Landmark Square complex..

It was a tale of two Connecticut office buildings in the past month, with a former Royal Bank of Scotland building achieving nearly full occupancy with a pair of new leases, and Stamford’s mammoth UBS building finally landing an initial tenant after the Swiss bank’s move across the street into what is now RBS’ main office in Connecticut.

With a tight corridor in Norwalk the hottest pocket of commercial real estate in Fairfield County, a few blocks in downtown Stamford could soon inherit that mantle as the UBS building comes into play.

Stamford, CT According to Choyce Peterson, Inc., 2009 Summer St. has been fully leased. The Choyce Peterson agency team, led by vice president Charlene O’Connell, has been the exclusive listing agent since 2020 representing the landlord, The Field Group (TFG), in each transaction for 2009 Summer St.

Southport, CT Choyce Peterson, Inc., a full-service commercial real estate brokerage and consulting firm, has completed lease negotiations on behalf of Southport Family Dental for a 4,047 s/f office at 3530 Post Rd. Choyce Peterson vice president Charlene O’Connell represented Southport Family Dental in this transaction.

The owner of Rick’s Main Roofing’s has bought a 4,200-square-foot office building on Byington Place that has suffered since the Norwalk Courthouse closed.

In early 2013, 9 W. Broad St. on the edge of downtown Stamford languished as an empty and neglected property. Today, it hums with activity as some 400 workers stream in and out of a refurbished nine-story structure. Stamford and other communities in southwestern Connecticut still grapple with office vacancy rates hovering above 20 percent. But the revitalization of 9 W. Broad St. and the turnaround of similar buildings show how property owners’ capital investments and the draw of central locations can make corporate hubs attractive to tenants in a challenging market. “There is a little reticence in the market to being that first tenant in, so the owner has to prove themselves,” said, principal of in Norwalk, a firm that represents tenants in commercial real estate transactions.

The statistics may slightly vary, but the message is still the same — Fairfield County’s commercial real estate market continues to languish, though there are some reasons for optimism.