News

October 24, 2023

Shelbourne Snags Dallas Complex in Year’s Biggest DFW Deal

North Texas’s largest office sale of the year just happened in downtown Dallas. Shelbourne acquired the 1.2 million SF Plaza of the Americas

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June 26, 2023

Office Complex In Downtown Hartford Sold. 300 Apartments On The Way.

Downtown Hartford’s largest commercial landlord said it has acquired a commercial complex at the corner of Trumbull and Pratt streets.

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May 28, 2023

Here Are 7 Hartford Development Projects To Watch This Summer.

The downsizing of office leases downtown remains one of the biggest economic challenges the city will face in the coming years.

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May 10, 2023

Hartford Home To Tallest Mural In Region - ‘There’s Hope In Our City’

Michael Rice, the artist behind the 18-story mural at 50 Morgan Street, is slowly revealing the tallest mural in New England.

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April 24, 2023

New Pratt Street Businesses Could Shift 'Energy' of Downtown Hartford

A pedestrian on Pratt Street will find it looks different from most streets in Hartford's downtown and the city overall.

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January 25, 2023

Shelbourne Rolls Out New Wellness Amenities for Hartford Tenants

Downtown Hartford's largest landlord Shelbourne announced Wednesday it's rolling out new health and wellness amenities for its Class-A...

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January 9, 2023

Global Atlantic Expanding in Hartford. Here’s How Many Jobs Created.

Global Atlantic Financial Group relocated to downtown Hartford from the suburbs in 2018 and is now expanding its operations in the city.

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January 3, 2023

Hartford Tops Realtor.Com’s Rankings For Housing Market Growth

The Hartford metropolitan area has been ranked the No. 1 housing market for growth by Realtor.com, according to their 2023 housing forecast.

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December 21, 2022

Former Shopping Mall in Tulsa Gets New Tenant Bringing Up To 190 Jobs

A Michigan-based financial services company is expanding to Tulsa and bringing up to 190 jobs with it. Compu-Link Corp will occupy 29K SF...

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December 4, 2022

Hartford HealthCare’s New Downtown HQ Focuses on Innovation

Hartford HealthCare’s new office aims to help the health system better coordinate care, scheduling, imaging, and health records statewide.

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November 30, 2022

97 New Apartments Debut in Pratt Street Retail District

Shelbourne Global Solutions and LAZ Parking CEO Alan Lazowski announced this week they have completed renovations at 99 Pratt St.

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November 15, 2022

Winter Village Comes to Pratt Street in Downtown Hartford

Downtown Hartford is gearing up for the holiday season with the city’s first-ever open-air outdoor holiday market.

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November 14, 2022

Sun Life Debuts New Downtown Hartford Home

Sun Life celebrated its move to Hartford’s Gold Building today with a ribbon-cutting ceremony showcasing its new office space.

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November 10, 2022

Sage Allen Apartments in Hartford Complete After $9.1M Conversion

Mayor Luke Bronin, Sen. Richard Blumenthal cut the ribbon on the recently completed Sage Allen Apartments.

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October 4, 2022

Shelbourne Leases 100K SF in Piscataway and Bloomfield

Avison Young on Monday said it arranged more than 106,880 square feet in new and renewed office, industrial/flex and life sciences leases...

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September 24, 2022

Tulsa's Coolest Office Spaces List For 2022 Announced

Millions of dollars have been invested in economic development since the last time CBRE released its list of Tulsa’s Coolest Office Spaces.

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September 8, 2022

Greenwich Office Property 777 West Putnam Ave. Sells for $48.5M

The Greenwich office property 777 West Putnam Ave. has been sold for $48.5 million. This Class A property totals 134,000 square feet.

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August 8, 2022

Visikol Adds 11,000 SF to Hunterdon Facility for Lab, Office Space

Visikol, a contract research services company, has expanded its footprint in Hunterdon County by 11,000 square feet.

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August 1, 2022

CRO Visikol Expands Hampton Footprint by 11K Square Feet

To meet growing demand, Visikol said July 28 that it expanded its Hunterdon County facility with new lab and office space.

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July 20, 2022

Is Downtown Hartford’s Historic Pratt Street Becoming ‘A Destination’?

For decades, downtown Hartford’s Pratt Street seemed to have all the ingredients for revitalization.

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July 20, 2022

Hartford’s Pratt Street Poised for Restaurant and Retail Rebirth

Eight months ago, there were 10 vacant storefronts on Pratt Street, a shopping corridor paved with brick and lined with historic buildings.

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May 19, 2022

CRDA Approves $8.5M for Development at Former Fuller Brush Building

An effort to redevelop the former Fuller Brush campus into 153 apartments gained momentum as the CRDA signed off on an $8.5 million loan.

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March 29, 2022

Hartford HealthCare Expanding Its Presence In Downtown Hartford

Hartford HealthCare will expand its presence in Hartford this year, opening a training center that will bring up to 250 jobs to the city.

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March 7, 2022

Shelbourne Announces Strategic Acquisitions in Hunterdon County

Cushman & Wakefield and Shelbourne announced a year-end acquisition of a warehouse building and two parcels of land in Hunterdon County.

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February 1, 2022

Shelbourne, Avison Young Tout 173K SF In Deals In New Jersey

A biotechnology firm has leased nearly 57,000 square feet in Piscataway, in a newly announced deal by Avison Young on behalf of Shelbourne.

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February 1, 2022

Shelbourne Global Bucks Repurposing Trend with Leasing Success

Avison Young has arranged more than 172,500 SF in new office and industrial/flex leases across Shelbourne’s 631,784 SF commercial portfolio.

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January 31, 2022

Avison Young Facilitates Lease of 162K SF in Piscataway and Bloomfield

Avison Young announced that it arranged over 162,500 SF in new leases across Shelbourne's commercial portfolio in Piscataway and Bloomfield.

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January 24, 2022

Medical Device Company Expands Headquarters in Highland Hills

SPR Therapeutics has dramatically expanded its headquarters at Metropolitan Plaza as it prepares to expand sales for its primary product.

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November 14, 2021

Eastgate Metroplex, Former Mall, Adds and Renews Commercial Leases

When you’re helping steer a large commercial real estate company in New York, municipal pride is admirable.

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November 2, 2021

LA Firm Set To Open at Eastgate Metroplex in Tulsa

A diagnostic imaging company announced Monday that it plans to hire as many as 500 customer service coordinators at a new center in Tulsa.

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October 18, 2021

Developers Turn Hotels Into Apartments Because of Pandemic

The pandemic has significantly slowed business travel, which has battered the hospitality industry, especially hotels.

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September 15, 2021

Gold Building Inks Another Lease, Strengthening Leasing in Iconic Tower

An insurance and employee benefits broker is expanding its lease at One Financial Plaza and will relocate employees from Rocky Hill.

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September 7, 2021

Sun Life To Move CT Office To Downtown Hartford’s Gold Building

Insurance company Sun Life is set to move its Connecticut office to one of Hartford's tallest skyscrapers.

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August 4, 2021

Hartford’s Largest Landlord Sees Potential in Pivotal City Corner

Hartford’s largest commercial landlord plans to expand on plaza improvements with the $2.35M purchase of a neighboring office building.

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August 2, 2021

Shelbourne Adds to Portfolio With Trumbull St. Office Building Buy

Shelbourne has added to its holdings with the purchase of a mixed-use office building occupied by Trumbull Kitchen, among other tenants.

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July 26, 2021

2021 Power 25 Real Estate: Ben Schlossberg

Ben Schlossberg’s real estate investment and development company, Shelbourne, has had a big impact on Hartford’s real estate market.

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June 9, 2021

Shelbourne Joint Venture Commits $30M to Hartford Hotel Conversion

Shelbourne and a partner have acquired Hartford’s Red Lion hotel for $22M, and plan to spend $8M converting the guest rooms into apartments.

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March 22, 2021

Group of Developers Aims to Lead Hartford’s Post COVID-19 Renaissance

Alan Lazowski saw an opportunity four decades ago to start a car-parking business and built one of the country’s largest parking operators.

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February 1, 2021

Mallinckrodt Returns Its US Headquarters To Hunterdon County, NJ

Mallinckrodt Pharmaceuticals has moved its U.S. headquarters back to a property in Hunterdon County, New Jersey, where it once leased space.

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January 28, 2021

Pharma Company Signs New 100,000 SF Lease at Hunterdon Campus

A global pharmaceutical company has leased 100,000 square feet at a Hunterdon County office building, marking a new commitment.

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August 24, 2020

Hartford HealthCare Pushes To Bring Workers Back to Office

Hartford HealthCare is moving ahead with plans to bring the first of 700 workers to an office complex on the corner of Trumbull and Pearl.

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July 18, 2020

WiFi on Pratt St Benefit Workers and Shops Needing Customers

Corporate employees may not be able to work in their offices during the pandemic, but soon they will be able to work near their workspaces.

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July 7, 2020

Need A Break From The Home Office? Free WiFi Coming to Pratt Street

Looking for a break from working at home in the pandemic, your office is closed and you need WiFi?

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June 21, 2020

Suburban Office Owner Sets Leasing Push for Eight Buildings

Metropolitan Plaza in Highland Hills and Landerbrook Corporate Center in Mayfield Heights come to mind as newer buildings in the suburbs.

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June 18, 2020

LAZ Parking Pilots Temperature Screening at The Gold Building

LAZ Parking is piloting new health screening technology as the state reopens its economy but remains wary of the dangers still posed.

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May 12, 2020

Hartford’s Economic Momentum Slowed, But Not Stopped, By Coronavirus

This spring promised a cultural rebirth with the opening of a food hall, a culinary campus, and a groundbreaking near Dunkin’ Donuts Park.

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March 15, 2020

Hartford HealthCare Will Bring 700 Jobs To Downtown Hartford

Hartford HealthCare will bring 700 employees into the heart of downtown Hartford, part of a $24 million renovation of their office complex.

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February 13, 2020

Shelbourne Acquires Hartford’s ‘Flatiron’ Building, Lot for $400K

Shelbourne has acquired a long-vacant triangular-shaped building and adjacent lot just north of downtown Hartford for $400,000.

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January 30, 2020

Pop-Up Pie Shop Aims To Jumpstart Pratt St. Activity in Hartford

Another pop-up store will debut on Pratt Street next month as city boosters continue efforts to jolt storefront activity downtown.

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January 16, 2020

Shelbourne Buys Another Hartford Office Building for $3.1M

Shelbourne continued its buying spree with the acquisition of another office building at the corner of Main and Charter Oak streets.

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December 17, 2019

Shelbourne Launching Hartford Pop-Up Hall to Fuel Pratt St. Activity

Shelbourne plans to roll out a pop-up table tennis hall to jumpstart part of its vacant downtown retail space on Pratt Street.

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November 27, 2019

Developer Can Salvage Parking Garage in One Talcott Plaza

A downtown parking garage that was slated for demolition as part of the rehabilitation of One Talcott Plaza may be salvageable after all.

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October 18, 2019

Shelbourne Global Buys Downtown Parking Lot

Shelbourne has acquired a 295-space lot at 180 Alynn St., in the central business district of downtown Hartford.

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October 2, 2019

Shelbourne Plans Shuttle Loop for Tenants as Part of Parking Lot Purchase

Shelbourne plans to launch a shuttle for workers in its office towers in downtown Hartford as part of its purchase of the Allyn Street lot.

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September 20, 2019

Shelbourne Global Solutions to Update Amenities at 100 Pearl Street

100 Pearl St. is slated for amenity improvements and common area upgrades including a golf-themed lobby with a virtual golf simulator.

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September 14, 2019

Virtual Golf Planned for Hartford's 100 Pearl St Among New Amenities

Upping the ante on office tenant amenities in downtown Hartford, Shelbourne plans to create a golf-themed lobby with virtual golf simulator.

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September 2, 2019

Can a $100M Redevelopment Plan Turn Pratt Street into Hartford’s Crown ‘Jewel’?

Shelbourne has invested more than $20M in buying and refurbishing Hartford commercial buildings and views Pratt Street as an untapped jewel.

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August 12, 2019

A Major Tax Deal for a Prominent Hartford Landlord

A recent tax-break deal the city of Hartford hatched in recent years was with one of its most prominent downtown landlords: Shelbourne.

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May 31, 2019

$70.5M Gold Building Purchase Aided by $60.6M in Debt Financing

The recent $70.5 million sale of Hartford’s iconic Gold Building was financed by more than $60 million in debt, realty officials say.

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May 24, 2019

Striking Gold: Hartford’s ‘Gold Building’ Purchased for $70.5 Million

Hartford’s One Financial Plaza sold for $70.5M, the first change in ownership for the city’s signature skyscraper in nearly two decades.

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February 14, 2019

Shelbourne's Growing Hartford Realty Investments Total at Least $137M

Shelbourne added to its Hartford commercial realty empire by spending $4.8M on a trio of buildings fronting the Pratt Street corridor.

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February 12, 2019

Downtown Hartford Landlord Buys Another Chunk of Pratt Street

Shelbourne which has acquired four Hartford office towers since 2014 has acquired three more buildings on the south side of Pratt Street.

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August 21, 2018

Shelbourne Adds To Growing Real Estate Portfolio In Downtown Hartford

The owner of four downtown office towers added to its holdings in the city this week, acquiring two buildings across from the XL Center.

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