Property Jump

Where Are The Deals? (Part 2)

As the hunt for good investment properties continues it seems like there is only one segment of the market that is REALLY cheap (See previous post HERE on New Haven real estate deals).   It is the small (2-4 units) multifamily market in the tougher neighborhoods of New Haven.    These properties are selling at substantial discounts from market highs.   Some [...]

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New Haven Office Vacancy?

As I was doing my usual scanning of local news articles the other day I ran across THIS article on the New Haven Office Market.    The article quotes a Cushman and Wakefield quarterly report that states that New Haven has the lowest office vacancy rate in the country for 1Q 2009.  They quote the office vacancy rate for New Haven [...]

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Retail Slowdown Hits North Haven Commons

The North Haven Commons is the last major development on the Universal Drive retail stretch.  The half finished project has been stalled for the past few months with little or no construction.  The development, owned by Eclipse Development Group of Irvine, CA  already has major tenants including Best Buy, Petco, Red Lobster, and Olive Garden.   They also [...]

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AMR Waterbury Signs 26,000-SF Renewal

From Costar AMR Waterbury, a medical transportation company, signed a 26,000-square-foot renewal at 117 E. Aurora St. in Waterbury, CT. The 36,000-square-foot industrial building was built in 1970 in the New Haven submarket. About 10,000 square feet remains for lease in the building, according to CoStar information. Ralph Calabrese of R. Calabrese Agency LLC represented the landlord, B&V [...]

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